An innovative efficiency of incubator to enhance organization supportive business using machine learning approach.

Journal: PloS one
Published Date:

Abstract

Many small businesses and startups struggle to adjust their operational plans to quickly changing market and financial situations. Traditional data-driven techniques often miss possibilities and waste resources. Our unique approach, Unified Statistical Association Validation (USAV), allows dynamic and real-time data association and improvement assessment to address this essential issue. USAV classifies and validates critical data associations based on business features to improve startup incubation and innovation decision-making. USAV analyses different financial eras using federated learning to find performance inefficiencies using a Kaggle dataset on small business success and failure. USAV recommends actionable improvements during innovation using non-recurrent statistical patterns, unlike standard models that use prior financial data. The framework allows real-time flexibility with continual statistical updates without data redundancy. The proposed approach achieved an improvement assessment score of 0.98, data association accuracy of 96%, statistical update efficiency of 0.97, modification ratio of 35%, and incubation analysis time reduction of 240 units in experimental evaluation. These findings demonstrate USAV's ability to help strategic decision-making in dynamic corporate situations.

Authors

  • Xin Li
    Veterinary Diagnostic Center, Shanghai Animal Disease Control Center, Shanghai, China.
  • Qian Zhang
    The Neonatal Intensive Care Unit, Peking Union Medical College Hospital, Peking, China.
  • Hanjie Gu
    College of Information Science and Technology, Zhejiang Shuren University, Hangzhou, China.
  • Salwa Othmen
    Department of Computers and Information Technologies, College of Sciences and Arts Turaif, Northern Border University, Arar, Saudi Arabia.
  • Somia Asklany
    Department of Computers and Information Technologies, College of Sciences and Arts Turaif, Northern Border University, Arar, Saudi Arabia.
  • Chahira Lhioui
    Department of Computer Science and Artificial Intelligence, University of Bisha, Bisha, Saudi Arabia.
  • Ali Elrashidi
    Electrical Engineering Department, University of Business and Technology, Jeddah, Saudi Arabia.
  • Paolo Mercorelli
    Institute for Production Technology and Systems (IPTS), Leuphana Universität Lüneburg, Lüneburg, Germany.