Abstract
AbstractRelatedness has become a key concept for studying the diversification of firms, regions and countries. However, studies tend to treat relatedness as being time‐invariant or, alternatively, consider its evolution as exogenously given. This study argues that relatedness is inherently dynamic and endogenous to technological and economic developments. Using patent data, we test the extent to which relatedness between technologies developed along co‐location and differences in technological complexity in 1980–2010. Our results show that co‐located technologies are more likely to become related over time. Moreover, our results suggest that co‐location and complexity of technologies are conducive to the intensification of relatedness over time.
Highlights
5
#.$,8 : :8 ((1),."8 :8 B -"#'8 : : @GEFNA: )1,- ,!#)(& ,-+)(-#& ,-," ( #(()0.#)(7
),("&8:8,)%&8:B)-"'8:@GEFFA:".,#0-+.(.+, ),'() ,'( #)." #,'-7 " #'+.
Summary
5
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
