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Measuring Efficiencies of Incubation Centers in Taiwan: An Application of Text Mining and Data Envelopment Analysis

Hsin-Yi Tseng, Sen-Gui Liao, Cheng-Chin Lu, Chieh-Ko Huang

Abstract


To accelerate the growth of enterprises, Taiwanese government has provided relevant guidance through incubation centers. With the incubation centers as a case study, this paper adopts text mining and data envelopment analysis to explore their efficiency. Here are the two achievements: (1) use text mining to analyze unstructured data and extract important information; (2) make an effective analysis of skills and productivity of incubation centers. According to the results, unstructured data had significant influence on the analysis of the efficiency of incubation centers; the reduction of technological efficiency and scale returns resulted in the ineffectiveness of some incubation centers.

Keywords


incubation center; text mining; data envelopment analysis; operation efficiency; Start-up

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References


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