Sturm, Niclas FredericCandia, CristianDamásio, BrunoPinheiro, Flávio L.2024-11-152024-11-152024-09-27PURE: 103103968PURE UUID: f570d3ea-2b5a-4861-b0ea-396a09ebda68ORCID: /0000-0002-0561-9641/work/171848377http://hdl.handle.net/10362/175335Sturm, N. F., Candia, C., Damásio, B., & Pinheiro, F. L. (2024). Relatedness Defines Firms’ Diversification Path and Tendering Success [poster]. 1. Poster session presented at Data Research Meetup by MagIC, Lisbon, Portugal. --- This work was supported by national funds through FCT (Fundação para a Ciência e a Tecnologia), under the project - UIDB/04152/2020 (DOI: 10.54499/UIDB/04152/2020) - Centro de Investigação em Gestão de Informação (MagIC)/NOVA IMS).“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 services11673716engconference poster