Hybrid Unsupervised Exploratory Plots: A Case Study of Analysing Foreign Direct Investment

The curse of dimensionality has been an open issue for many years and still is, as finding nonobvious and previously unknown patterns in ever-increasing amounts of high-dimensional data is not an easy task. Advancing in descriptive data analysis, the present paper proposes Hybrid Unsupervised Explor...

Full description

Saved in:
Bibliographic Details
Main Authors: Álvaro Herrero, Alfredo Jiménez, Secil Bayraktar
Format: Article
Language:English
Published: Wiley 2019-01-01
Series:Complexity
Online Access:http://dx.doi.org/10.1155/2019/6271017
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1832549643722948608
author Álvaro Herrero
Alfredo Jiménez
Secil Bayraktar
author_facet Álvaro Herrero
Alfredo Jiménez
Secil Bayraktar
author_sort Álvaro Herrero
collection DOAJ
description The curse of dimensionality has been an open issue for many years and still is, as finding nonobvious and previously unknown patterns in ever-increasing amounts of high-dimensional data is not an easy task. Advancing in descriptive data analysis, the present paper proposes Hybrid Unsupervised Exploratory Plots (HUEPs) as a new visualization technique to combine the outputs of Exploratory Projection Pursuit and Clustering methods in a novel and informative way. As a case study, HUEPs are validated in a real-world context for analysing the internationalization strategy of companies, by taking into account bilateral distance between home and host countries. As a multifaceted concept, distance encompasses multiple dimensions. Together with data from both the countries and the companies, various psychic distances are analysed by means of HUEPs, to gain deep knowledge of the internationalization strategy of large Spanish companies. Informative visualizations are obtained from the analysed dataset, leading to useful business implications and decision making.
format Article
id doaj-art-403f595bf50f4a4cbfff464eecef2b4d
institution Kabale University
issn 1076-2787
1099-0526
language English
publishDate 2019-01-01
publisher Wiley
record_format Article
series Complexity
spelling doaj-art-403f595bf50f4a4cbfff464eecef2b4d2025-02-03T06:10:51ZengWileyComplexity1076-27871099-05262019-01-01201910.1155/2019/62710176271017Hybrid Unsupervised Exploratory Plots: A Case Study of Analysing Foreign Direct InvestmentÁlvaro Herrero0Alfredo Jiménez1Secil Bayraktar2Grupo de Inteligencia Computacional Aplicada (GICAP), Departamento de Ingeniería Civil, Escuela Politécnica Superior, Universidad de Burgos, Av. Cantabria s/n, 09006 Burgos, SpainDepartment of Management, KEDGE Business School, 680 Cours de la Libération, 33405 Talence, Bordeaux, FranceDepartment of Corporate Social Responsibility and Human Resources, Toulouse Business School, 20 Boulevard Lascrosses, 31068 Toulouse, FranceThe curse of dimensionality has been an open issue for many years and still is, as finding nonobvious and previously unknown patterns in ever-increasing amounts of high-dimensional data is not an easy task. Advancing in descriptive data analysis, the present paper proposes Hybrid Unsupervised Exploratory Plots (HUEPs) as a new visualization technique to combine the outputs of Exploratory Projection Pursuit and Clustering methods in a novel and informative way. As a case study, HUEPs are validated in a real-world context for analysing the internationalization strategy of companies, by taking into account bilateral distance between home and host countries. As a multifaceted concept, distance encompasses multiple dimensions. Together with data from both the countries and the companies, various psychic distances are analysed by means of HUEPs, to gain deep knowledge of the internationalization strategy of large Spanish companies. Informative visualizations are obtained from the analysed dataset, leading to useful business implications and decision making.http://dx.doi.org/10.1155/2019/6271017
spellingShingle Álvaro Herrero
Alfredo Jiménez
Secil Bayraktar
Hybrid Unsupervised Exploratory Plots: A Case Study of Analysing Foreign Direct Investment
Complexity
title Hybrid Unsupervised Exploratory Plots: A Case Study of Analysing Foreign Direct Investment
title_full Hybrid Unsupervised Exploratory Plots: A Case Study of Analysing Foreign Direct Investment
title_fullStr Hybrid Unsupervised Exploratory Plots: A Case Study of Analysing Foreign Direct Investment
title_full_unstemmed Hybrid Unsupervised Exploratory Plots: A Case Study of Analysing Foreign Direct Investment
title_short Hybrid Unsupervised Exploratory Plots: A Case Study of Analysing Foreign Direct Investment
title_sort hybrid unsupervised exploratory plots a case study of analysing foreign direct investment
url http://dx.doi.org/10.1155/2019/6271017
work_keys_str_mv AT alvaroherrero hybridunsupervisedexploratoryplotsacasestudyofanalysingforeigndirectinvestment
AT alfredojimenez hybridunsupervisedexploratoryplotsacasestudyofanalysingforeigndirectinvestment
AT secilbayraktar hybridunsupervisedexploratoryplotsacasestudyofanalysingforeigndirectinvestment