TY - JOUR AU - Deichmann, Joel AU - Eshghi, Abdolreza AU - Haughton, Dominique AU - Sayek, Selin AU - Teebagy, Nicholas AU - Topi, Heikki PY - 2003/03/15 Y2 - 2024/03/28 TI - Geography Matters: Kohonen Classification of Determinants of Foreign Direct Investment In Transition Economies JF - Journal of Business Strategies JA - J Bus Strategies VL - 20 IS - 1 SE - Research Articles DO - 10.54155/jbs.20.1.23-44 UR - https://jbs-ojs-shsu.tdl.org/jbs/article/view/182 SP - 23-44 AB - <p>This exploratory study examines the extent to which non-spatial determinants<br>of foreign direct investment (FDl) organize themselves in a manner<br>that mimics the spatial proximity of twenty-five Eurasian transition economies.<br>The Kohonen algorithm is used to create a self-organizing map (SOMs)<br>of a data set that features vectors of twenty-one socioeconomic variables. In<br>this analysis, clusters emerge among the Central European, Balkan, Baltic,<br>and Caucasus/Central Asian regions, leaving Russia as a regional outlier.<br>By introducing SOMs to the discussion of FDI and the factors governing its<br>distribution, we demonstrate an untapped utility in the visualization and<br>analysis of economic data.</p> ER -