“…Geo-spatial related data of the individual industrial entities were the most commonly reported type of data used (Hein, Jankovic, Farel, & Yannou, 2016;Jensen et al, 2012;Massard & Erkman, 2009;Song et al, 2017;Togawa et al, 2016). The most basic form of data includes the location of the entities (i.e., latitude and longitude), alongside the other attributes characterizing individual entities such as entity type, industry classification, and turnover (Aid et al, 2015;Jensen et al, 2012). These geo-spatial data are subsequently combined with visualization technologies to produce geographic and/or heat maps that provide visual indications on the prospects of the area for IS development (Aid et al, 2015;Jensen et al, 2012;Massard & Erkman, 2009;Song et al, 2017;Togawa et al, 2016).…”