Relatedness Defines Firms’ Diversification Path and Tendering Success [poster]

Research output: Contribution to conferencePoster

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Abstract

“Principle of Relatedness” (PR)
• The probability of developing a new activity is a function of the closeness to preexisting activities
• PR explains diversification behaviour across disciplines and applications
• There is a gap in our understanding of how firms behave in “organized” markets
• We identified PR as a key factor of firm behaviour in public procurement markets
• The Service Knowledge Space represents a network of activity proximity
• Modular layout of communities, representing different areas of economic activity with sparse connections
• Most complex services relate to software and advanced business services
Original languageEnglish
Pages1
Number of pages1
Publication statusUnpublished - 27 Sept 2024
EventData Research Meetup by MagIC - NOVA Information Management School, Lisbon, Portugal
Duration: 24 Sept 202424 Sept 2024
Conference number: 1
https://magic.novaims.unl.pt/en/society/events/data-research-meetup-by-magic/

Other

OtherData Research Meetup by MagIC
Country/TerritoryPortugal
CityLisbon
Period24/09/2424/09/24
Internet address

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