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There is an emerging consensus in the literature that locally embedded capabilities and industrial know-how are key determinants of growth and diversification processes. In order to model these dynamics as a branching process, whereby…

General Economics · Economics 2022-01-20 Neave O'Clery , Stephen Kinsella

Complex networks are commonly used to explore human behavior. However, previous studies largely overlooked the geographical and economic factors embedded in collective attention. To address this, we construct attention networks from…

Physics and Society · Physics 2025-08-13 Ke-ke Shang , Jiangli Zhu , Junfan Yi , Liwen Zhang , Junjie Yang , Ge Guo , Zixuan Jin , Michael Small

Strong local clusters help firms compete on global markets. One explanation for this is that firms benefit from locating close to their suppliers and customers. However, the emergence of global supply chains shows that physical proximity is…

Physics and Society · Physics 2024-05-14 Sándor Juhász , Zoltán Elekes , Virág Ilyés , Frank Neffke

Cities are characterized by the coexistence of general aggregate patterns, along with many local variations. This poses challenges for analyses of urban phenomena, which tend to be either too aggregated or too local, depending on the…

Physics and Society · Physics 2025-09-30 Luís M. A. Bettencourt , Ivanna Rodriguez , Jordan T. Kemp , José Lobo

The present work investigates clustering of a graph-based representation of industrial connections derived from international trade data by Hidalgo et al (2007) and confirms existence of around ten industrial clusters that are reasonably…

Physics and Society · Physics 2020-11-20 V. Bouet , A. Y. Klimenko

We investigate the tendency for financial instruments to form clusters when there are multiple factors influencing the correlation structure. Specifically, we consider a stock portfolio which contains companies from different industrial…

Statistical Finance · Quantitative Finance 2015-05-08 Gordon J. Ross

The increasing urbanization process we have been witnessing in the last decades is accompanied by a significant increase in traffic congestion in cities around the world. The effect of the congestion is represented in the enormous time…

Physics and Society · Physics 2021-11-01 Nimrod Serok , Shlomo Havlin , Efrat Blumenfeld Lieberthal

There are many benefits and costs that come from people and firms clustering together in space. Agglomeration economies, in particular, are the manifestation of centripetal forces that make larger cities disproportionately more wealthy than…

Physics and Society · Physics 2024-04-23 Andres Gomez-Lievano , Michail Fragkias

Although the cluster theory literature is bountiful in economics and regional science, there is still a lack of understanding of how the geographical scales of analysis (neighbourhood, city, region) relate to one another and impact the…

Physics and Society · Physics 2019-05-14 Clémentine Cottineau , Elsa Arcaute

The amount of data that is being gathered about cities is increasing in size and specificity. However, despite this wealth of information, we still have little understanding of what really drives the processes behind urbanisation. In this…

Physics and Society · Physics 2015-11-30 Rémi Louf

Groups of firms often achieve a competitive advantage through the formation of geo-industrial clusters. Although many exemplary clusters, such as Hollywood or Silicon Valley, have been frequently studied, systematic approaches to identify…

Social and Information Networks · Computer Science 2019-08-06 Jaehyuk Park , Ian Wood , Elise Jing , Azadeh Nematzadeh , Souvik Ghosh , Michael Conover , Yong-Yeol Ahn

Understanding the high-tech industrial agglomeration from a spatial-spillover perspective is essential for cities to gain economic and technological competitive advantages. Along with rapid urbanization and the development of fast…

Physics and Society · Physics 2024-06-11 Chen Wang , Lu Wang , Yanbo Xue , Ruiqi Li

Increasing evidence suggests that cities are complex systems, with structural and dynamical features responsible for a broad spectrum of emerging phenomena. Here we use a unique data set of human flows and couple it with information on the…

Physics and Society · Physics 2021-01-22 Riccardo Gallotti , Giulia Bertagnolli , Manlio De Domenico

Categorization is an essential component for us to understand the world for ourselves and to communicate it collectively. It is therefore important to recognize that classification system are not necessarily static, especially for economic…

Social and Information Networks · Computer Science 2020-09-22 Jaehyuk Park , Morgan R. Frank , Lijun Sun , Hyejin Youn

The urban networks of London and New York City are investigated as directed graphs within the paradigm of graph percolation. It has been recently observed that urban networks show a critical percolation transition when a fraction of edges…

Physics and Society · Physics 2020-10-20 Marco Cogoni , Giovanni Busonera

Cities are widely considered the lifeblood of a nations economy housing the bulk of industries, commercial and trade activities, and employment opportunities. Within this economic context, multinational corporations play an important role…

Physics and Society · Physics 2024-12-05 Mohammad Yousuf Mehmood , Syed Junaid Haqqani , Faraz Zaidi , Celine Rozenblat

Community detection, which focuses on clustering nodes or detecting communities in (mostly) a single network, is a problem of considerable practical interest and has received a great deal of attention in the research community. While being…

Machine Learning · Statistics 2017-11-07 Soumendu Sundar Mukherjee , Purnamrita Sarkar , Lizhen Lin

Urban development is shaped by historical, geographical, and economic factors, presenting challenges for planners in understanding urban form. This study models commute flows across multiple U.S. cities, uncovering consistent patterns in…

Physics and Society · Physics 2024-11-11 Margarita Mishina , Mingyi He , Venu Garikapati , Stanislav Sobolevsky

Agglomeration economies drive urban growth at different spatial scales by enabling productivity gains, knowledge spillovers, and shared inputs among proximate firms and amenities. To develop a unified science of cities it is thus important…

Physics and Society · Physics 2026-05-12 Jianrui Wu , Baiyue He , Alec Kirkley

Many large cities are found at locations with certain first nature advantages. Yet, those exogenous locational features may not be the most potent forces governing the spatial pattern of cities. In particular, population size, spacing and…

General Economics · Economics 2019-08-27 Tomoya Mori
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