RESEARCH ON DATA MINING AND KNOWLEDGE MANAGEMENT AND ITS APPLICATIONS IN CHINA'S ECONOMIC DEVELOPMENT: SIGNIFICANCE AND TREND

Siwei Cheng (), Ruwei Dai (), Weixuan Xu () and Yong Shi ()
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Siwei Cheng: School of Management, Graduate University of Chinese Academy of Sciences, Beijing 100080, China
Ruwei Dai: Institute of Automation, Chinese Academy of Sciences, Beijing 100083, China
Weixuan Xu: Institute of Policy and Management, Chinese Academy of Sciences, Beijing 100083, China
Yong Shi: Chinese Academy of Sciences Research Center on Data, Technology & Knowledge Economy, Graduate University of Chinese Academy of Sciences, Beijing 100080, China

International Journal of Information Technology & Decision Making (IJITDM), 2006, vol. 05, issue 04, 585-596

Abstract: From 1978 to 2004, China's GDP growth rate has been 9.4% annually. In 2005, China's GDP growth rate was 9.9%, which at $2,278 billion currently is ranked number four in the world. This paper discusses the significance of transforming research findings in data mining and knowledge management (DMKM) to support China's economic development as well as the trend of DMKM applications in China. It first reviews development of DTKM in international communities and industries, which includes academic activities and business applications tools. Second, this paper outlines the significance and needs of DTKM in China's economic development, as to promote further DMKM research, innovatively produce new business intelligence tools, and effectively adopt existing commercial software packages. Finally, the paper observes some problems and challenges of using DMKM to support China's economy.

Keywords: Data mining; data technology; knowledge management; knowledge economy (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (1)

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DOI: 10.1142/S021962200600226X

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