ArticleNature communications2018
Optimal diversification strategies in the networks of related products and of related research areas.
Article in Nature communications, 2018. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 10 papers.
What it found
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Who cites it
10 citing papers in PubMed.
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- The paradox of intervention: Resilience in adaptive multirole coordination networks.Proceedings of the National Academy of Sciences of the United States of America · 2025Article
- MetaCity: Data-driven sustainable development of complex cities.Innovation (Cambridge (Mass.)) · 2025Review
- Location is a major barrier for transferring US fossil fuel employment to green jobs.Nature communications · 2023Article
- Industrial Development Policies Based on Economic Complexity Under Plausible Scenarios: Case of Iran 2027.Journal of the knowledge economy · 2023Article
- Sensing Enhancement on Social Networks: The Role of Network Topology.Entropy (Basel, Switzerland) · 2022Article
- Article
- Variety patterns in defense and health technological systems: evidence from international trade data.Journal of evolutionary economics · 2020Article
- Consensus and polarization in competing complex contagion processes.Journal of the Royal Society, Interface · 2019Article
- Industry Upgrading: Recommendations of New Products Based on World Trade Network.Entropy (Basel, Switzerland) · 2019Article
Corrections and comments
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Authors and funding
3 authors.
Funding
No grant is acknowledged in the PubMed record.
Abstract
Countries and cities are likely to enter economic activities that are related to those that are already present in them. Yet, while these path dependencies are universally acknowledged, we lack an understanding of the diversification strategies that can optimally balance the development of related and unrelated activities. Here, we develop algorithms to identify the activities that are optimal to target at each time step. We find that the strategies that minimize the total time needed to diversify an economy target highly connected activities during a narrow and specific time window. We compare the strategies suggested by our model with the strategies followed by countries in the diversification of their exports and research activities, finding that countries follow strategies that are close to the ones suggested by the model. These findings add to our understanding of economic diversification and also to our general understanding of diffusion in networks.
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Registered trials
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