{"id":1317,"date":"2014-06-08T15:53:36","date_gmt":"2014-06-08T22:53:36","guid":{"rendered":"https:\/\/blogs.ubc.ca\/genemoolee\/?p=1317"},"modified":"2023-05-10T22:54:12","modified_gmt":"2023-05-11T05:54:12","slug":"towards-a-better-measure-of-business-proximity-topic-modeling-for-analyzing-mas-ec-2014","status":"publish","type":"post","link":"https:\/\/blogs.ubc.ca\/genemoolee\/2014\/06\/08\/towards-a-better-measure-of-business-proximity-topic-modeling-for-analyzing-mas-ec-2014\/","title":{"rendered":"Towards a Better Measure of Business Proximity: Topic Modeling for Analyzing M&#038;As (EC 2014)"},"content":{"rendered":"<h4>Shi, Z.,\u00a0<span style=\"text-decoration: underline;\"><strong>Lee, G. M.<\/strong><\/span>, Whinston, A. B. (2014).\u00a0<a href=\"http:\/\/delivery.acm.org\/10.1145\/2610000\/2602832\/p565-shi.pdf?ip=137.82.105.201&amp;id=2602832&amp;acc=ACTIVE%20SERVICE&amp;key=FD0067F557510FFB%2E26E2C50968A06846%2E0A4A6D530B7C2BC3%2E4D4702B0C3E38B35&amp;__acm__=1563213359_2e6a56ca8d21684adc9cb00ac0c9ed76\" target=\"_blank\" rel=\"noopener noreferrer\">Towards a Better Measure of Business Proximity: Topic Modeling for Analyzing M&amp;As<\/a>, <em>Proceedings of ACM Conference on Economics and Computation (<strong>EC 2014<\/strong>)<\/em>, Palo Alto, California<\/h4>\n<p>In this article, we propose a new data-analytic approach to measure firms&#8217; dyadic business proximity. Specifically, our method analyzes the unstructured texts that describe firms&#8217; businesses using the statistical learning technique of topic modeling, and constructs a novel business proximity measure based on the output. When compared with existent methods, our approach is scalable for large datasets and provides finer granularity on quantifying firms&#8217; positions in the spaces of product, market, and technology. We then validate our business proximity measure in the context of industry intelligence and show the measure&#8217;s effectiveness in an empirical application of analyzing mergers and acquisitions in the U.S. high technology industry. Based on the research, we also build a cloud-based information system to facilitate competitive intelligence on the high technology industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shi, Z.,\u00a0Lee, G. M., Whinston, A. B. (2014).\u00a0Towards a Better Measure of Business Proximity: Topic Modeling for Analyzing M&amp;As, Proceedings of ACM Conference on Economics and Computation (EC 2014), Palo Alto, California In this article, we propose a new data-analytic approach to measure firms&#8217; dyadic business proximity. Specifically, our method analyzes the unstructured texts that [&hellip;]<\/p>\n","protected":false},"author":51140,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2267],"tags":[379631,45113,45269,4381942,4372817,1979,45115,4371868],"class_list":["post-1317","post","type-post","status-publish","format-standard","hentry","category-publications","tag-big-data","tag-business-proximity","tag-crunchbase","tag-firm-level","tag-industry-intelligence","tag-ma","tag-network-analysis","tag-topic-modeling"],"_links":{"self":[{"href":"https:\/\/blogs.ubc.ca\/genemoolee\/wp-json\/wp\/v2\/posts\/1317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.ubc.ca\/genemoolee\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.ubc.ca\/genemoolee\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/genemoolee\/wp-json\/wp\/v2\/users\/51140"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/genemoolee\/wp-json\/wp\/v2\/comments?post=1317"}],"version-history":[{"count":3,"href":"https:\/\/blogs.ubc.ca\/genemoolee\/wp-json\/wp\/v2\/posts\/1317\/revisions"}],"predecessor-version":[{"id":1395,"href":"https:\/\/blogs.ubc.ca\/genemoolee\/wp-json\/wp\/v2\/posts\/1317\/revisions\/1395"}],"wp:attachment":[{"href":"https:\/\/blogs.ubc.ca\/genemoolee\/wp-json\/wp\/v2\/media?parent=1317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/genemoolee\/wp-json\/wp\/v2\/categories?post=1317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/genemoolee\/wp-json\/wp\/v2\/tags?post=1317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}