COMPARISON OF CLASSIFICATION MODELS FOR START-UP COMPANIES

  • Боян Янков
Keywords: entrepreneurship, start-up companies, success prediction, business model, new ventures, IBM SPSS Modeler, Weka

Abstract

A quantitative research of the success factors of Bulgarian start-up companies is conducted. The dataset of 136 companies is analyzed with the help of two data mining software products: IBM SPSS Modeler and Weka. As a result, classification models for Bulgarian start-ups succes prediction are synthesized. The models are then analyzed, compared and the most accurate ones are selected. The success factors contained in the models are identified and the decision taking principles are observed.

References

1. EuropeanCommision. (2014). HORIZON 2020, The New EU Framework Programme for Research and Innovation 2014-2020.
2. Yankov, B. (2013) A Model for Predicting the Success of New Ventures, Vth International Scientific Conference e-Governance, ISSN 1313-8774, (стр. 128-135)
3. IBM Corporation. (2012). IBM SPSS Modeler 15 User’s Guide. IBM Corporation.
4. Ruskov, P. H. (2012). Online Investigation of SMEs Competitive Advantage. MEB 2012, 10th International Conference on Management, Enterprise and
Benchmarking, (стр. 143-159).
5. Hall, M. F. (Volume 11, Issue 1 2009 r.). The WEKA Data Mining Software: An Update. SIGKDD Explorations.
Published
2023-02-01
How to Cite
Янков, Б. (2023). COMPARISON OF CLASSIFICATION MODELS FOR START-UP COMPANIES. Vanguard Scientific Instruments in Management, 10(10). Retrieved from https://www.vsim-journal.info/index.php?journal=vsim&page=article&op=view&path[]=327