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Diversification versus specialization in complex ecosystems

Di Clemente, Riccardo and Chiarotti, Guido L. and Cristelli, Matthieu and Tacchella, Andrea and Pietronero, Luciano Diversification versus specialization in complex ecosystems. PloS One, 9 (11). e112525. ISSN 1932-6203 (2014)

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Abstract

By analyzing the distribution of revenues across the production sectors of quoted firms we suggest a novel dimension that drives the firms diversification process at country level. Data show a non trivial macro regional clustering of the diversification process, which underlines the relevance of geopolitical environments in determining the microscopic dynamics of economic entities. These findings demonstrate the possibility of singling out in complex ecosystems those micro-features that emerge at macro-levels, which could be of particular relevance for decision-makers in selecting the appropriate parameters to be acted upon in order to achieve desirable results. The understanding of this micro-macro information exchange is further deepened through the introduction of a simplified dynamic model.

Item Type: Article
Identification Number: 10.1371/journal.pone.0112525
Subjects: G Geography. Anthropology. Recreation > G Geography (General)
H Social Sciences > HB Economic Theory
Research Area: Economics and Institutional Change
Depositing User: Ms T. Iannizzi
Date Deposited: 11 Nov 2014 13:50
Last Modified: 13 Nov 2014 13:56
URI: http://eprints.imtlucca.it/id/eprint/2365

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