Abstract
AbstractFrom the perspective of high-tech industry’s development in Shandong province, this paper firstly identifies the influencing factors of high-tech industry’s development in Shandong province. Then those factors and the process of development in 16 years (1997-2012) are analyzed by clustering analysis using the data from the statistical yearbook. Moreover, this paper creates a model to predict the trend of high-tech industry’s development in Shandong province by partial least squares (PLS) regression. After the analysis of regression coefficient by clustering analysis, importance of each factor is gained, and based on the result we can forecast the tendency of high-tech industry’s development in Shandong province in the future. Ultimately, the research results can be the decision basis to promote the development of high-tech industry in Shandong province rapidly.KeywordsHigh-tech industryInfluencing factorsPartial least squares regressionShandong province
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