Ontology highlight
ABSTRACT:
SUBMITTER: Tacchella A
PROVIDER: S-EPMC3467565 | biostudies-literature | 2012
REPOSITORIES: biostudies-literature
Tacchella Andrea A Cristelli Matthieu M Caldarelli Guido G Gabrielli Andrea A Pietronero Luciano L
Scientific reports 20121010
Classical economic theories prescribe specialization of countries industrial production. Inspection of the country databases of exported products shows that this is not the case: successful countries are extremely diversified, in analogy with biosystems evolving in a competitive dynamical environment. The challenge is assessing quantitatively the non-monetary competitive advantage of diversification which represents the hidden potential for development and growth. Here we develop a new statistic ...[more]