Based on the relevant framework of evolutionary geography, this article explores the direct effect of industrial diversification on urban economic resilience and its indirect effect on urban economic resilience through entrepreneurial spirit. The res...
Research on economic diversification and complexity has made significant advances in understanding economic development processes, but has only recently explored environmental and social sustainability considerations. In this article we evaluate the...
While the Macao gambling industry has developed prosperously, its rapid development raises a problem of economic dependence on gambling that restricts economic diversification and causes a sustainable issue of non-gambling industries. In recent years...
This study statistically evaluates the suitability of the construction industry as a diversification target for infrastructure corporations by integrating Data Envelopment Analysis (DEA-BCC), panel data regression, and entropy-based diversification m...
Recently, China’s energy industry has been continuously depressed due to a slowdown in its economic development. China’s energy companies have made considerable efforts to promote their corporate performance to mitigate this performance decline and t...
The purpose of this study is to analyze the possible relationship between industrial structure and economic development in rural areas in South Korea. Accordingly, this study uses the Herfindahl–Hirschman Index and a two-step cluster analysis m...
Livelihood diversification is an important strategy for rural households in developing countries, especially in China, which has the largest rural population in the world. In the current digital age, the existing literature lacks sufficient research...
This study examines the dynamic relationship between changes in construction contract amounts across the diversified business areas within the portfolios of Korean construction firms and their overall business performance using a vector error correct...
The uncertainties in current economic policies have increased, and Decisions about industrial convergence by businesses are impacted by uncertain macroeconomic policy. Using a fixed-effects model, the article selects annual data from A-share listed C...
5 January 2021
In the medical device industry, which is highly value-added and requires multidisciplinary knowledge, major global firms dominate the market, so it is necessary to establish a growth strategy suitable for latecomers. Through a Korean case, it was con...
We leverage a new complexity framework called Economic Fitness, which characterizes an economy’s level of diversification and its capabilities to produce more complex products. It can be used to predict economic growth and competitiveness. This...
Diversification-driven industrial transformation (DIT) has become a strategy for port enterprises dealing with the dual impacts of slowing economic growth and pressure from domestic competitors. Considering the interactive relationship between ports...
In recent years, global climate fluctuation has been obvious and has had a significant impact on the food industry system, which makes the impact of climate change on the resilience of the food industry supply chain of great concern. Based on this, t...
The sustainability of society hinges on the future of agriculture. Though alternatives to unsustainable, high-input industrial agriculture are available, agricultural systems have been slow to transition to them. Much of the resistance to adopting al...
Aluminum’s unique properties have led to its widespread use across multiple industries, including transportation, aviation, power generation, construction, and food packaging. In recent years, global aluminum consumption has risen significantly...
The article addresses key challenges and opportunities within the high jewelry industry. It explores how brands can target sustainability and diversification demands by consumers from the supply side. It details sustainability-oriented market trends...
Mitigating carbon emissions intensity (CEI) and promoting carbon neutrality at the city level are essential for addressing the challenges of global climate change and advancing sustainable development. This study examines the influence of producer se...
9 December 2021
This study aims to examine how unrelated diversification facilitate firm’s growth and innovation. To achieve this goal, we investigate how Maeil Dairies has diversified through open innovation as the Korean dairy market struggles to maintain it...
This study examines the role of human capital, technological investment, and institutional quality in promoting economic complexity in South Africa, with implications for sustainable development and the strategic role of Small and Medium Enterprises....
Creative industry is considered the driver of modern urban development. It raises the new wave of issues of re-industrialization policy in single-industry towns. Nevertheless, the algorithms of current mathematical modeling in regional economies are...
Food trade restrictions pose a serious risk for countries that are heavily reliant on food imports, potentially leading to food crises, inequality, and geopolitical conflicts on a global scale. However, such restrictions may also have transformative...
This paper presents a systematic literature review (SLR) about industrial tourism and intends to show how this product can increase sustainability and competitiveness in operating industrial companies. It uses bibliometric analysis with data from 32...
The cultivation of perennial flowering wild plant species like common tansy (Tanacetum vulgare L.) seems promising for increasing biodiversity friendliness in rather monotonous bioenergy cropping systems in Central Europe, particularly on marginal si...
To help explain the common failure of oil or other natural resource exporting countries to diversify into industry, it has been common to trace this failure to real exchange rate appreciation. This has also been done in Azerbaijan. However, because A...
The article presents study results showing the increasing role of unregulated activity as a boost for innovative processes in energy companies and their investment appeal. A summary of academic literature, reports by leading consulting companies, and...
Being a form of territorial division of labor, economic specialization should be considered as a strategic management priority, contributing to a competitive territorial production structure and, consequently, regional economic growth. The article is...
Southwest China is a fragile terrestrial ecosystem restricted by its geological background, which leads to a contradiction between its industrial economic development and the ecological environment. In this study, to explore the influence and mechani...
This paper studies the relationship between portfolio diversification and fund performance, based on an unexplored, hand-collected dataset of buyout funds. The dataset comprises detailed information at the level of portfolio companies, which allows m...
This article presents a structured approach to the implementation of diversification in the energy sector during the energy transition, accompanied by crisis phenomena in the economy. On the basis of the study of the unique features of the electric p...
The contradiction between industrial economic development and the ecological environment in Northwest China is prominent, so the green transformation of industrial economy in this region is imperative. From the perspective of industrial ecology, this...
To avoid the risk of single and homogeneous development, China’s coal enterprises have explored a diversified development model and are actively developing coal-based industries such as electric power, coal chemical, coal equipment manufacturing, log...
Diversification of an agricultural operation’s crop mix is considered an environmental and financial management strategy. Environmentally, crop diversification can stabilize the ecosystem via the introduction of biodiversity, allowing for more...
In this paper, we investigate whether the VC institutions’ position in the network affects their investment strategies and performance. Our results show that network location has a negative correlation with geographic concentration index, indus...
In this work, we develop the Tsallis entropy approach for examining the cross-shareholding network of companies traded on the Italian stock market. In such a network, the nodes represent the companies, and the links represent the ownership. Within th...
Skill upgrading, the increase in the percentage of skilled workers in the employment population, boosts the economic growth of developing countries and sustains their industrial competitiveness. The international economics literature discusses the ef...
There is an ongoing debate about the role of income diversification in enhancing bank stability within the financial services industry in Europe. Some advocate for diversification, while others argue that its importance should not be overstated. Some...
The internationalization process helps firms accumulate business knowledge and experience; however, firms also enjoy the benefit of decreasing risk due to diversification. The Taiwanese food industry has encountered some difficulties in international...
The proper management of exhaustible natural resources requires the responsible management of the revenues generated from the exploitation of these resources and addressing a broad set of political and economic challenges. This paper is intended to d...
The inconsistency of arguments regarding the value of diversification strategies means that there is a lack of a unified methodological approach and a method for evaluating the impact on efficiency and competitive ability of companies. Research shows...
This study investigates systemic risk, return patterns, and diversification within the Johannesburg Stock Exchange (JSE) during the COVID-19 pandemic, utilizing data-centric approaches and the ARMA-GARCH vine copula-based conditional value-at-risk (C...
Global trade and globalization have driven growth and diversification in the horticultural industry. Fresh grapes, a key product, face challenges of market volatility, trade barriers, and logistics. Market diversification is essential for stability a...
This paper contributes to the literature on determinants of the export diversification by introducing related variety (RV) and unrelated variety (UV) in the analysis in addition to the traditional entropy based measure at three-digit Standard Interna...
Cultural and creative industries (CCIs) clusters are essential in increasing regional economic resilience, and regions with solid economic resilience can also promote the formation of CCIs clusters. However, there is little research on the two-way ef...
This study utilizes a Cobb–Douglas production function and an instrumental variables regression approach to analyze the impact of quality certification and product diversification on asset productivity at the firm level. Analyzing a panel datas...
Given high business risks and interdependency with various organizations in biopharmaceutical industry, business model has become a key element for firms that aim to be more sustainable and profitable. Despite its growing importance, research on the...
The modernization of society goes hand in hand with agricultural, industrial, and economic development, with this development becoming increasingly complex due to the large number of activities being carried out and the diversification of products ge...
The forest sector plays an important role in the circular bioeconomy due to its focus on renewable materials that can substitute fossil or greenhouse gas emissions-intensive materials, store carbon in bio-based products and provide ecosystem services...
This study analyzes the productive structure of Portugal in the period 2013–2017, using indicators of localization and specialization applied to 308 Portuguese local authorities. From an empirical approach using a threshold model, the following...
Among the Sustainable Development Goals, ‘Green Issues’ have attracted significant research on sustainability transitions and regional diversification. The introduction of green environmental technologies within the frame of the Fourth In...
This study evaluates the performance of China Taipei firms in the global business environment, focusing on the role of firm-level factors, the geographical setting context, internationalization, and product diversification. These variables are chosen...
of 9