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Despite the growing importance of teams in producing innovative and high-impact science and technology, it remains unclear how expertise diversity among team members relates to the originality and impact of the work they produce. Here, we…

Physics and Society · Physics 2025-03-25 Weihua Li , Hongwei Zheng

Product diversity is one of the prominent factors for customers' satisfaction, while from the firms' perspective, the additional engineering costs required for product diversity should not exceed the acquired profits from the increase in…

Computer Science and Game Theory · Computer Science 2022-10-07 Samira Hossein Ghorban , Bardyaa Hesaam

We introduce heterogeneous R&D productivities into an endogenous R&D network formation model, generalizing the framework of Goyal and Moraga-Gonz\'alez (2001). Heterogeneous productivities endogenously create asymmetric gains from…

General Economics · Economics 2026-02-03 M. Sadra Heydari , Zafer Kanik , Santiago Montoya-Blandón

We introduce new mathematical methods to study the optimal portfolio size of investment portfolios over time, considering investors with varying skill levels. First, we explore the benefit of portfolio diversification on an annual basis for…

Portfolio Management · Quantitative Finance 2024-02-26 Nick James , Max Menzies

This study offers a new perspective on the depth-versus-breadth debate in innovation strategy, by modeling inventive search within dynamic collective knowledge systems, and underscoring the importance of timing for technological impact.…

Physics and Society · Physics 2026-01-06 Likun Cao , James Evans

The shift from individual effort to collaborative output has benefited science, with scientific work pursued collaboratively having increasingly led to more highly impactful research than that pursued individually. However, understanding of…

Digital Libraries · Computer Science 2018-06-13 Yuxiao Dong , Hao Ma , Jie Tang , Kuansan Wang

Prior work has provided strong evidence that, within organizational settings, teams that bring a diversity of information and perspectives to a task are more effective than teams that do not. If this form of informational diversity confers…

Computer Science and Game Theory · Computer Science 2023-01-31 Hoda Heidari , Solon Barocas , Jon Kleinberg , Karen Levy

We define a novel quantitative strategy inspired by the ecological notion of nestedness to single out the scale at which innovation complexity emerges from the aggregation of specialized building blocks. Our analysis not only suggests that…

General Economics · Economics 2019-09-13 Emanuele Pugliese , Lorenzo Napolitano , Matteo Chinazzi , Guido Chiarotti

We focused on how repeat collaborations in projects for inventions affect performance. Repeat collaborations have two contradictory aspects. A positive aspect is team development or experience, and a negative aspect is team degeneration or…

Social and Information Networks · Computer Science 2016-02-17 Hiroyasu Inoue

Firms' positions in innovation networks determine their access to external knowledge, yet how these positions shape technological search behavior and influence productivity remains underexplored. We propose that central network positions…

Physics and Society · Physics 2026-04-22 Han-Yun Tu , Xiang Yang , Si-Yao Wei

This study investigates the relationship between innovation activities and firm-level productivity among early-stage high-tech startups in China. Using a proprietary dataset encompassing patent records, R&D expenditures, capital valuation,…

General Economics · Economics 2025-07-25 Victor , CHEN

Much of the analysis of economic growth has focused on the study of aggregate output. Here, we deviate from this tradition and look instead at the structure of output embodied in the network connecting countries to the products that they…

General Finance · Quantitative Finance 2012-03-02 Ricardo Hausmann , Cesar A. Hidalgo

We study several models of growth driven by innovation and imitation by a continuum of firms, focusing on the interaction between the two. We first investigate a model on a technology ladder where innovation and imitation combine to…

Theoretical Economics · Economics 2020-08-27 Jess Benhabib , Éric Brunet , Mildred Hager

Supply chain management encompasses various processes including various conventional logistics activities, and various other processes These processes are supported -- to a certain limit -- by coordination and integration mechanisms which…

Multiagent Systems · Computer Science 2018-11-06 Gilles Neubert , Yacine Ouzrout , Abdelaziz Bouras

A country's mix of products predicts its subsequent pattern of diversification and economic growth. But does this product mix also predict income inequality? Here we combine methods from econometrics, network science, and economic…

Economics · Quantitative Finance 2017-01-31 D. Hartmann , M. R. Guevara , C. Jara-Figueroa , M. Aristaran , C. A. Hidalgo

In a previous study of patent classifications in nine material technologies for photovoltaic cells, Leydesdorff et al. (2015) reported cyclical patterns in the longitudinal development of Rao-Stirling diversity. We suggested that these…

Digital Libraries · Computer Science 2015-07-07 Loet Leydesdorff

Technology codes are assigned to each patent for classification purposes and to identify the components of its novelty. Not all the technology codes are used with the same frequency - if we study the use frequency of codes in a year, we can…

General Economics · Economics 2021-11-23 José Alejandro Mendoza , Faustino Prieto , José María Sarabia

This study investigates the economic complexity of Indian states by constructing a state-industry bipartite network using firm-level data on registered companies and their paid-up capital. We compute the Economic Complexity Index and apply…

General Economics · Economics 2026-01-21 Joel M Thomas , Abhijit Chakraborty

We show that the space in which scientific, technological and economic developments interplay with each other can be mathematically shaped using pioneering multilayer network and complexity techniques. We build the tri-layered network of…

Science advances not only through the accumulation of facts but also through the evolution of tools. Crucially, tools are rarely used in isolation. They form tool portfolios, combinations shaped by a discipline's workflows and analytical…

Digital Libraries · Computer Science 2026-04-28 Zhouming Wu , Dakota Murray