Skip to main content
Log in

Prediction model of the impact of innovation and entrepreneurship on China's digital economy based on neural network integration systems

  • S.I: Cognitive-inspired Computing and Applications
  • Published:
Neural Computing and Applications Aims and scope Submit manuscript

Abstract

Innovation and entrepreneurship as the core development mode is the only way to continue my country's economic development. Therefore, research on the synergistic impact of innovation on China's economic development is of great significance. With the continuous development of sharing economy, Internet finance, and other fields, the digital economy is reshaping the entire social ecology and becoming an important part of the national economy. Aiming at China’s digital economy, this article takes the Shanghai Composite Index and three listed stocks in the stock market as examples, collects the closing data of the Shanghai Composite Index and the stock market prices of three listed companies as sample data, uses the BP neural network prediction model and the optimized particle swarm optimization-neural networks (PSO-BP) neural network model predicts the future trends of the Shanghai Composite Index and the three stocks, respectively. Compared with other models, PSO-BP requires fewer parameters and draws more accurate conclusions. It is a model that is very suitable for digital economic forecasting. The experimental results show that the prediction effect of the PSO-BP neural network is higher than that of the BP neural network prediction model obtained by the two prediction models in the prediction process of the Shanghai Composite Index; the error rate of the BP neural network prediction model in the three listed stocks 6.37%, 3.01%, 9.85%; PSO-BP neural network prediction model predicts the future trend of the three listed stocks with error rates of 3.21%, 0.37%, and 0.89%. After comparing and analyzing the results of the forecast error value, it is concluded that the PSO-BP neural network forecast model has a more accurate forecast of stock prices and smaller errors, and the forecast of future trends is also consistent with actual trends.

This is a preview of subscription content, log in via an institution to check access.

Access this article

Price excludes VAT (USA)
Tax calculation will be finalised during checkout.

Instant access to the full article PDF.

Fig. 1
Fig. 2
Fig. 3
Fig. 4
Fig. 5
Fig. 6
Fig. 7

Similar content being viewed by others

References

  1. Qi X, Cheng Gengguo XuXu (2019) Research on stock prediction model based on neural network ensemble learning. Comput Eng Appl 55(08):238–243

    Google Scholar 

  2. Zhou N, Kai R (2019) Research and prediction of RMB exchange rate based on machine learning integration model. Financ Econ 508(10):102–104

    Google Scholar 

  3. Lisheng Y, Shengqi T, Sheng Li et al (2019) Traffic flow forecasting based on integrated moving average autoregressive and genetic particle swarm optimization wavelet neural network combined model. J Electron Inf Technol 041(009):2273–2279

    Google Scholar 

  4. Yiyong Ye (2016) Guangdong province’s tertiary industry output value forecast based on combination forecast model. Econ Math 33(002):50–56

    Google Scholar 

  5. Ruijiao Y, Siqing Y (2018) Microblog user credit evaluation model based on selective neural network integration. Comput Eng Des 39(05):286–291

    Google Scholar 

  6. Fengping Y, Dabin Z (2016) Construction of user preference model based on differential evolution neural network. Microcomput Appl 35(08):44–47

    Google Scholar 

  7. Binyan W, Junfeng T, Lisha C et al (2018) Spatial differentiation and influencing factors of China’s digital economy. Geogr Sci 038(006):859–868

    Google Scholar 

  8. Xiaoyi W, Yajing Z (2020) Development status and international competitiveness of China’s digital economy. Sci Res Manag 41(05):252–260

    Google Scholar 

  9. Crabtree A, Lodge T, Colley J et al (2016) Enabling the new economic actor: data protection, the digital economy, and the Databox. Pers Ubiquit Comput 20(6):947–957

    Article  Google Scholar 

  10. Kulyasova EV, Trifonov PV (2020) Development of forms of interaction between universities and the business community in the digital economy. Strateg Decis Risk Manag 11(2):216–223

    Article  Google Scholar 

  11. Boev AG (2020) The contents and peculiarities of the process of institutional transformation of industrial complexes in a digital economy. Russ J Ind Econ 13(1):18–28

    Article  Google Scholar 

  12. Liangliang Z, Xiaofeng L, Zhi C (2018) Strategic thinking on the development of china’s digital economy. Modern Manag Sci 302(05):90–92

    Google Scholar 

  13. Hongli M, Jingjing G, Hequan W (2019) 5G is an important engine in China’s digital economy era. China Inform Ind 333(03):14–17

    Google Scholar 

  14. Dazheng L (2019) Research on Shanghai stock exchange 50 index based on Bayesian integrated neural network. Sci Technol Innov Herald 16485(17):148–150

    Google Scholar 

  15. Huimin Z, Jiangtao L, Junchao Y et al (2016) Research and application of integrated BP neural network prediction model. Telecommun Sci 32(002):60–67

    Google Scholar 

  16. Cheng C, Furong S, Haiyuan X et al (2018) Extraction of overhead iron tower slope protection based on convolutional neural network. Sci Technol Innov 115(19):44–47

    Google Scholar 

  17. Liu Xiaobao Lu, Hongbiao YY et al (2020) Research on distributed resource spatial text classification based on multivariate neural network fusion. Comput Integr Manuf Syst 026(001):161–170

    Google Scholar 

  18. Weiguo S, Pengxiao S (2016) A niche-based negative correlation neural network ensemble algorithm. J Zhejiang Univ Technol 44(005):482–486

    Google Scholar 

  19. Zhaoyu H, Yong Z, Bing L (2019) Named entity recognition method based on differential neural network integration. Comput Eng Des 40(04):101–107

    Google Scholar 

  20. Pengfei K, Maoguo C, Tao W (2020) Face recognition algorithm based on improved convolutional neural network and integrated learning. Computer Engineering 046(002):262–267

    Google Scholar 

  21. Hengde Z, Tingyu Z, Tao Li et al (2018) Multi-model integrated forecast of pollutant concentration based on BP neural network. China Environ Sci 38(4):1243–1256

    Google Scholar 

  22. Yuquan Li (2018) Handwritten character recognition based on ensemble learning improved convolutional neural network. Electr Technol Softw Eng 131(09):183

    Google Scholar 

  23. Rong L, Xinnong H, Xiaoguo H et al (2018) Application and prospect of artificial intelligence technology in intelligent livestock and poultry farms. Tianjin Agric Sci 153(07):38–44

    Google Scholar 

  24. Haiting H, Linlin Y, Xiangrui Li et al (2019) Research on data capitalization in digital economy. Credit Investig 37(04):72–78

    Google Scholar 

  25. Jianguang S (2020) Investment in the field of digital economy is huge: thinking about digital transformation under the epidemic. China Econ Trade Guide 969(10):34–35

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Yanfeng Jiang.

Ethics declarations

Conflict of interest

There no potential competing interests in our paper. And all authors have seen the manuscript and approved to submit to your journal. We confirm that the content of the manuscript has not been published or submitted for publication elsewhere.

Additional information

Publisher's Note

Springer Nature remains neutral with regard to jurisdictional claims in published maps and institutional affiliations.

Rights and permissions

Reprints and permissions

About this article

Check for updates. Verify currency and authenticity via CrossMark

Cite this article

Jiang, Y. Prediction model of the impact of innovation and entrepreneurship on China's digital economy based on neural network integration systems. Neural Comput & Applic 34, 2661–2675 (2022). https://doi.org/10.1007/s00521-021-05899-7

Download citation

  • Received:

  • Accepted:

  • Published:

  • Issue Date:

  • DOI: https://doi.org/10.1007/s00521-021-05899-7

Keywords

Navigation