IDEAS home Printed from https://ideas.repec.org/a/wsi/ijitmx/v15y2018i03ns0219877018500256.html
   My bibliography  Save this article

Classifying Innovative Activities Using Decision Tree and Gini Index

Author

Listed:
  • Hassan Arabshahi

    (Department of Innovation and Technology Management, Mazandaran University of Science and Technology, Babol, Iran)

  • Hamed Fazlollahtabar

    (Department of Industrial Engineering, College of Engineering, Damghan University, Damghan, Iran)

Abstract

This paper proposes a framework for classification of innovative activities in production systems based on corresponding calculated risk intensity using decision tree method. A three-step process is developed. The basis of the framework is the innovative activities collected from the literature. These activities are collected from the related literature and are classified by decision tree based on Gini Index. The configured tree is then used to extract and compose rules applying rule mining technique. The resulting rules can be useful sources of information for managers, investors and predictors of innovation domain to take the appropriate approaches for innovation risk management and innovation investment.

Suggested Citation

  • Hassan Arabshahi & Hamed Fazlollahtabar, 2018. "Classifying Innovative Activities Using Decision Tree and Gini Index," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 15(03), pages 1-14, June.
    • Handle: RePEc:wsi:ijitmx:v:15:y:2018:i:03:n:s0219877018500256
    DOI: 10.1142/S0219877018500256
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S0219877018500256
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1142/S0219877018500256?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Luo, Jian-Li & Hu, Zhen-Hua, 2015. "Risk paradigm and risk evaluation of farmers cooperatives' technology innovation," Economic Modelling, Elsevier, vol. 44(C), pages 80-85.
    2. Kleinknecht, Alfred & Reijnen, Jeroen O. N., 1993. "Towards literature-based innovation output indicators," Structural Change and Economic Dynamics, Elsevier, vol. 4(1), pages 199-207, June.
    3. Goldenberg,Jacob & Mazursky,David, 2002. "Creativity in Product Innovation," Cambridge Books, Cambridge University Press, number 9780521002493.
    4. Timothy B. Palmer & Robert M. Wiseman, 1999. "Decoupling risk taking from income stream uncertainty: a holistic model of risk," Strategic Management Journal, Wiley Blackwell, vol. 20(11), pages 1037-1062, November.
    5. Tang, Christopher S., 2006. "Perspectives in supply chain risk management," International Journal of Production Economics, Elsevier, vol. 103(2), pages 451-488, October.
    6. Goldenberg,Jacob & Mazursky,David, 2002. "Creativity in Product Innovation," Cambridge Books, Cambridge University Press, number 9780521800891.
    7. Coombs, R. & Narandren, P. & Richards, A., 1996. "A literature-based innovation output indicator," Research Policy, Elsevier, vol. 25(3), pages 403-413, May.
    8. Vittorio Chiesa, 2001. "R&D Strategy and Organisation:Managing Technical Change in Dynamic Contexts," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number p223, January.
    9. Chris Freeman & Luc Soete, 1997. "The Economics of Industrial Innovation, 3rd Edition," MIT Press Books, The MIT Press, edition 3, volume 1, number 0262061953, December.
    10. Anderson, Philip & Tushman, Michael L, 2001. "Organizational Environments and Industry Exit: The Effects of Uncertainty, Munificence and Complexity," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 10(3), pages 675-711, September.
    11. Gunday, Gurhan & Ulusoy, Gunduz & Kilic, Kemal & Alpkan, Lutfihak, 2011. "Effects of innovation types on firm performance," International Journal of Production Economics, Elsevier, vol. 133(2), pages 662-676, October.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Janger, Jürgen & Schubert, Torben & Andries, Petra & Rammer, Christian & Hoskens, Machteld, 2017. "The EU 2020 innovation indicator: A step forward in measuring innovation outputs and outcomes?," Research Policy, Elsevier, vol. 46(1), pages 30-42.
    2. Ellen H.M. Moors & Rogier Donders, 2009. "Understanding consumer needs and preferences in new product development: the case of functional food innovations," Innovation Studies Utrecht (ISU) working paper series 09-03, Utrecht University, Department of Innovation Studies, revised Feb 2009.
    3. Jean Tsitaire Arrive & Mei Feng, 2018. "The complexity of the environment, management control and firm performance," Business Strategy and the Environment, Wiley Blackwell, vol. 27(8), pages 1347-1354, December.
    4. Bicen, Pelin & Kamarudin, Suzilawati & Johnson, William H.A., 2014. "Validating new product creativity in the eastern context of Malaysia," Journal of Business Research, Elsevier, vol. 67(1), pages 2877-2883.
    5. Dominik Mahr & Aric Rindfleisch & Rebecca Slotegraaf, 2015. "Enhancing Crowdsourcing Success: the Role of Creative and Deliberate Problem-Solving Styles," Customer Needs and Solutions, Springer;Institute for Sustainable Innovation and Growth (iSIG), vol. 2(3), pages 209-221, September.
    6. Melissa Baucus & William Norton & David Baucus & Sherrie Human, 2008. "Fostering Creativity and Innovation without Encouraging Unethical Behavior," Journal of Business Ethics, Springer, vol. 81(1), pages 97-115, August.
    7. Kenza Qaoumi & Pascal Masson & Benoit Weil & Aytunç Ün, 2018. "Testing evolutionary theory of household consumption behavior in the case of novelty - a product characteristics approach," Journal of Evolutionary Economics, Springer, vol. 28(2), pages 437-460, April.
    8. Trautrims, Alexander & MacCarthy, Bart L. & Okade, Chetan, 2017. "Building an innovation-based supplier portfolio: The use of patent analysis in strategic supplier selection in the automotive sector," International Journal of Production Economics, Elsevier, vol. 194(C), pages 228-236.
    9. Santos, David Ferreira Lopes & Basso, Leonardo Fernando Cruz & Kimura, Herbert, 2018. "The trajectory of the ability to innovate and the financial performance of the Brazilian industry," Technological Forecasting and Social Change, Elsevier, vol. 127(C), pages 258-270.
    10. J. Jason Bell & Christian Pescher & Gerard J. Tellis & Johann Füller, 2024. "Can AI Help in Ideation? A Theory-Based Model for Idea Screening in Crowdsourcing Contests," Marketing Science, INFORMS, vol. 43(1), pages 54-72, January.
    11. Daniel Szopinski, 2021. "To see or not to see: A creativity feature to enhance business model ideation using business model development software," Working Papers Dissertations 82, Paderborn University, Faculty of Business Administration and Economics.
    12. Marco Corsino & Giuseppe Espa & Rocco Micciolo, 2008. "R&D, firm size, and product innovation dynamics," DISA Working Papers 0803, Department of Computer and Management Sciences, University of Trento, Italy, revised 18 Jun 2008.
    13. Christian J. Resick & Sucheta Nadkarni & Jenny Chu & Jianhong Chen & Wan‐Chien Lien & Jaclyn A. Margolis & Ping Shao, 2023. "I Did It My Way: CEO Core Self‐Evaluations and the Environmental Contingencies on Firm Risk‐Taking Strategies," Journal of Management Studies, Wiley Blackwell, vol. 60(5), pages 1236-1272, July.
    14. Fernandes, Cristina & Ferreira, João & Raposo, Mario, 2013. "Drivers to firm innovation and their effects on performance: An international comparison," MPRA Paper 46776, University Library of Munich, Germany.
    15. Alegre-Vidal, Joaquin & Lapiedra-Alcami, Rafael & Chiva-Gomez, Ricardo, 2004. "Linking operations strategy and product innovation: an empirical study of Spanish ceramic tile producers," Research Policy, Elsevier, vol. 33(5), pages 829-839, July.
    16. Olivier Toubia & Oded Netzer, 2017. "Idea Generation, Creativity, and Prototypicality," Marketing Science, INFORMS, vol. 36(1), pages 1-20, January.
    17. Sara Caprioli & Christoph Fuchs & Bram Van den Bergh, 2023. "On Breaking Functional Fixedness: How the Aha! Moment Enhances Perceived Product Creativity and Product Appeal," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 50(1), pages 48-69.
    18. Ayse Karaevli & Edward J. Zajac, 2013. "When Do Outsider CEOs Generate Strategic Change? The Enabling Role of Corporate Stability," Journal of Management Studies, Wiley Blackwell, vol. 50(7), pages 1267-1294, November.
    19. Jürgen Janger & Agnes Kügler & Andreas Reinstaller & Fabian Unterlass, 2017. "Austria 2025 – Looking Out For the Frontier(s): Towards a New Framework For Frontier Measurement in Science, Technology and Innovation," WIFO Studies, WIFO, number 59289, February.
    20. Kim, Yeun Joon & Zhong, Chen-Bo, 2017. "Ideas rise from chaos: Information structure and creativity," Organizational Behavior and Human Decision Processes, Elsevier, vol. 138(C), pages 15-27.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:ijitmx:v:15:y:2018:i:03:n:s0219877018500256. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/ijitm/ijitm.shtml .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.