Sustainable development early warning and financing risk management of resource-based industrial clusters using optimization algorithms
Journal of Enterprise Information Management
ISSN: 1741-0398
Article publication date: 12 January 2022
Issue publication date: 20 June 2022
Abstract
Purpose
The purpose is to analyze and discuss the sustainable development (SD) and financing risk assessment (FRA) of resource-based industrial clusters under the Internet of Things (IoT) economy and promote the application of Machine Learning methods and intelligent optimization algorithms in FRA.
Design/methodology/approach
This study used the Support Vector Machine (SVM) algorithm that is analyzed together with the Genetic Algorithm (GA) and Ant Colony Optimization (ACO) algorithm. First, Yulin City in Shaanxi Province is selected for case analysis. Then, resource-based industrial clusters are studied, and an SD early-warning model is implemented. Then, the financing Risk Assessment Index System is established from the perspective of construction-operation-transfer. Finally, the risk assessment results of Support Vector Regression (SVR) and ACO-based SVR (ACO-SVR) are analyzed.
Findings
The results show that the overall sustainability of resource-based industrial clusters and IoT industrial clusters is good in the Yulin City of Shaanxi Province, and the early warning model of GA-based SVR (GA-SVR) has been achieved good results. Yulin City shows an excellent SD momentum in the resource-based industrial cluster, but there are still some risks. Therefore, it is necessary to promote the industrial structure of SD and improve the stability of the resource-based industrial cluster for Yulin City.
Originality/value
The results can provide a direction for the research on the early warning and evaluation of the SD-oriented resource-based industrial clusters and the IoT industrial clusters, promoting the application of SVM technology in the engineering field.
Keywords
Acknowledgements
Fundings: This work was supported by National Social Science Foundation project (17BJL005).
Citation
Wang, Y. and Xue, W. (2022), "Sustainable development early warning and financing risk management of resource-based industrial clusters using optimization algorithms", Journal of Enterprise Information Management, Vol. 35 No. 4/5, pp. 1374-1391. https://doi.org/10.1108/JEIM-03-2021-0152
Publisher
:Emerald Publishing Limited
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