| Abstract: | The rapid development of urban retail companies brings new opportunities to the Chinese economy. Due to the spatiotemporal heterogeneity of different cities, selecting a business location in a new area has become a challenge. The application of multi‐source geospatial data makes it possible to describe human activities and urban functional zones at fine scale. We propose a knowledge transfer‐based model named KTSR to support citywide business location selections at the land‐parcel scale. This framework can optimize customer scores and study the pattern of business location selection for chain brands. First, we extract the features of each urban land parcel and study the similarities between them. Then, singular value decomposition was used to build a knowledge‐transfer model of similar urban land parcels between different cities. The results show that: (1) compared with the actual scores, the estimated deviation of the proposed model decreased by more than 50%, and the Pearson correlation coefficient reached 0.84 or higher; (2) the decomposed features were good at quantifying and describing high‐level commercial operation information, which has a strong relationship with urban functional structures. In general, our method can work for selecting business locations and estimating sale volumes and user evaluations. |
