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Debates over the trade-offs between specialization and diversification have long intrigued scholars and policymakers. Specialization can amplify an economy by concentrating on core strengths, while diversification reduces vulnerability by…
Over the years, the growing availability of extensive datasets about registered patents allowed researchers to better understand technological innovation drivers. In this work, we investigate how the technological contents of patents…
A rich theoretical and empirical literature investigated the link between export diversification and firm performance. Prior theoretical works hinted at the key role of capability accumulation in shaping production activities and…
Efforts to apply economic complexity to identify diversification opportunities often rely on diagrams comparing the relatedness and complexity or products, technologies, or industries. Yer, the use of these diagrams is not based on…
As international competition intensifies in technologies, nations need to identify key technologies to foster innovation. However, the identification is challenging due to the independent and inherently complex nature of technologies.…
The paper investigates the linkages between the characteristics of technologies and the structure of a firms' knowledge base. Nanotechnologies have been defined as converging technologies that operate at the nanoscale, and which require…
We reconstruct the innovation dynamics of about two hundred thousand companies by following their patenting activity for about ten years. We define the technological portfolios of these companies as the set of the technological sectors…
Diversified economies are critical for cities to sustain their growth and development, but they are also costly because diversification often requires expanding a city's capability base. We analyze how cities manage this trade-off by…
Scientific discovery is shaped by scientists' choices and thus by their career patterns. The increasing knowledge required to work at the frontier of science makes it harder for an individual to embark on unexplored paths. Yet…
Understanding the relationship between the composition of a research team and the potential impact of their research papers is crucial as it can steer the development of new science policies for improving the research enterprise. Numerous…
We use citation data of scientific articles produced by individual nations in different scientific domains to determine the structure and efficiency of national research systems. We characterize the scientific fitness of each nation (that…
We study how to assess the potential benefit of diversifying an equity portfolio by investing within and across equity sectors. We analyse 20 years of US stock price data, which includes the global financial crisis (GFC) and the COVID-19…
Dynamic diversification---finding a set of data points with maximum diversity from a time-dependent sample pool---is an important task in recommender systems, web search, database search, and notification services, to avoid showing users…
We study the production, entry, and technological decisions of firms in the presence of bribery. We find that bribery can be justified even in the absence of bureaucratic inefficiencies. We document substantial technology-specific…
Scientific and technological progress is largely driven by firms in many domains, including artificial intelligence and vaccine development. However, we do not know yet whether the success of firms' research activities exhibits dynamic…
Labor market institutions are central for modern economies, and their polices can directly affect unemployment rates and economic growth. At the individual level, unemployment often has a detrimental impact on people's well-being and…
This paper investigates how software professionals perceive the economic implications of diversity in software engineering teams. Motivated by a gap in software engineering research, which has largely emphasized socio-technical and…
This study ventures into the dynamic realm of ecosystem orchestration for industrial firms, emphasizing its significance in maintaining competitive advantage in the digital era. The fragmented research on this important subject poses…
We study the empirical relationship between green technologies and industrial production at very fine-grained levels by employing Economic Complexity techniques. Firstly, we use patent data on green technology domains as a proxy for…
Understanding how institutional changes within academia may affect the overall potential of science requires a better quantitative representation of how careers evolve over time. Since knowledge spillovers, cumulative advantage,…