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We study the relationship between the performance of firms and their technological portfolios using tools borrowed from complexity science. In particular, we ask whether the accumulation of knowledge and capabilities associated with a coherent set of technologies leads firms to experience advantages in terms of productive efficiency. To this end, we analyze both the balance sheets and the patenting activity of about 70 thousand firms that have filed at least one patent over the period 2004-2013. We define a measure of corporate coherent diversification, based on the bipartite network linking companies with the technological fields in which they patent, and relate it to firm performance in terms of labor productivity. Our measure favors technological portfolios that can be decomposed into large blocks of closely related fields over portfolios with the same breadth of scope, but a more scattered diversification structure. We find that the coherent diversification of firms is quantitatively related with their economic performance and captures relevant information about their productive structure. In particular, we prove on a statistical basis that a naive definition of technological diversification can explain labor productivity only as a proxy of size and coherent diversification. This approach can be used to investigate possible synergies within firms and to recommend viable partners for mergers and acquisitions.

The gas surrounding first-generation (Population III, hereafter Pop III) stars is expected to emit a distinct signature in the form of the He ii recombination line at 1640 Å(He ii λ1640). Here we explore the challenges and opportunities in identifying this elusive stellar population via the He ii λ1640 in M ⋆ > 107.5 M ⊙ galaxies during the Epoch of Reionization (z ≃ 6–10), using JWST/NIRSpec. With this aim in mind, we combine cosmological dustyGadget simulations with analytical modeling of the intrinsic He ii emission. While tentative candidates with bright He ii emission like GN-z11 have been proposed in the literature, the prevalence of such bright systems remains unclear due to significant uncertainties involved in the prediction of the He ii luminosity. In fact, similar Pop III clumps might be almost 2 orders of magnitude fainter, primarily depending on the assumed Pop III formation efficiency and initial mass function in star-forming clouds, while the effect of stellar mass loss is responsible for a factor of order unity. Moreover, up to ∼90% of these clumps might be missed with NIRSpec multi-object spectroscopy due to the limited field of view, while this problem appears to be less severe with NIRSpec's integral field unit. We investigate the potential of deep spectroscopy targeting peripheral Pop III clumps around bright, massive galaxies to achieve a clear detection of the first stars.

GHZ2/GLASS-z12, one of the most distant galaxies found in JWST observations, has been recently observed with both the NIRSpec and MIRI spectrographs, establishing a spectroscopic redshift z spec = 12.34 and making it the first system at z > 10 with complete spectroscopic coverage from rest-frame UV to optical wavelengths. This galaxy is identified as a strong C iv λ1549 emitter (EW = 46 Å) with many other detected emission lines, such as N iv] λ1488, He ii λ1640, O iii] λ λ1661,1666, N iii] λ1750, C iii] λ λ1907,1909, [O ii] λ λ3726,3729, [Ne iii] λ3869, [O iii] λ λ4959,5007, and Hα, including a remarkable detection of the O iii Bowen fluorescence line at rest frame λ = 3133 Å. We analyze in this paper the joint NIRSpec + MIRI spectral data set. Combining six optical strong-line diagnostics (namely R2, R3, R23, O32, Ne3O2, and Ne3O2Hd), we find extreme-ionization conditions, with log10 ([O III] λ λ4959,5007/[O II] λ λ3726,3729) = 1.39 ± 0.19 and log10 ([Ne III] λ3869/[O II] λ λ3726,3729) = 0.37 ± 0.18 in stark excess compared to typical values in the interstellar medium (ISM) at lower redshifts. These line properties are compatible either with an active galactic nucleus (AGN) or with a compact, very dense star-forming environment (ΣSFR ≃ 102–103 M ⊙ yr−1 kpc−2 and ΣM* ≃ 104–105 M ⊙ pc−2), with a high ionization parameter (log10(U) =−1.75 ± 0.16), a high ionizing photon production efficiency log(ξion)=25.7−0.1+0.3 , and a low gas-phase metallicity (also confirmed by the direct, T e method) ranging between 4% and 11% Z ⊙, indicating a rapid chemical enrichment of the ISM in the past few megayears. These properties also suggest that a substantial amount of ionizing photons (∼10%) are leaking outside of GHZ2 and starting to reionize the surrounding intergalactic medium, possibly due to strong radiation-driven winds. The general lessons learned from GHZ2 are the following: (i) the UV-to-optical combined nebular indicators are broadly in agreement with UV-only or optical-only indicators; (ii) UV+optical diagnostics fail to discriminate between an AGN and star formation in a low-metallicity, high-density, and extreme-ionization environment; and (iii) comparing the nebular line ratios with local analogs may be approaching its limits at z ≳ 10, as this approach is potentially challenged by the unique conditions of star formation experienced by galaxies at these extreme redshifts.

Economic Complexity (EC) methods have gained increasing popularity across fields and disciplines. In particular, the EC toolbox has proved particularly promising in the study of complex and interrelated phenomena, such as the transition towards a more sustainable economy. Using the EC approach, scholars have been investigating the relationship between EC and sustainability, and identifying the distinguishing characteristics of green activities and to assess the readiness of productive and technological structures for the sustainability transition. This article proposes to review and summarize the data, methods, and empirical literature that are relevant to the study of the sustainability transition from an EC perspective. We review three distinct but connected blocks of literature on EC and environmental sustainability. First, we survey the evidence linking measures of EC to indicators related to environmental sustainability. Second, we review articles that strive to assess the green competitiveness of productive systems. Third, we examine evidence on green technological development and its connection to non-green knowledge bases. Finally, we summarize the findings for each block, while identifying criticalities and avenues for further research in this recent and growing body of empirical literature.

The evolution of economic and innovation systems at the national scale is shaped by a complex dynamics related to the multi-layer network connecting countries to the activities in which they are proficient. Each layer represents a different domain, related to the production of knowledge and goods: scientific research, technology innovation, industrial production and trade. Nestedness, a footprint of a complex dynamics, emerges as a persistent feature across these multiple kinds of activities (i.e. network layers). We observe that, in the layers of innovation and trade, the competitiveness of countries correlates unambiguously with their diversification, while the science layer shows some peculiar features. The evolution of the scientific domain leads to an increasingly modular structure, in which the most developed countries become relatively less active in the less advanced scientific fields, where emerging countries acquire prominence. This observation is in line with a capability-based view of the evolution of economic systems, but with a slight twist. Indeed, while the accumulation of specific know-how and skills is a fundamental step towards development, resource constraints force countries to acquire competitiveness in the more complex research fields at the expense of more basic, albeit less visible (or more crowded) ones. This tendency towards a relatively specialized basket of capabilities leads to a trade-off between the need to diversify in order to evolve and the need to allocate resources efficiently. Collaborative patterns among developed countries reduce the necessity to be competitive in the less sophisticated research fields, freeing resources for the more complex ones.

We present Atacama Large Millimeter/submillimeter Array observations on the high-redshift galaxy GHZ2 and report a successful detection of the rest-frame 88 μm atomic transition from doubly ionized oxygen at z = 12.3327 ± 0.0035. Based on these observations, combined with additional constraints on the [O iii] 52 μm line luminosity and previous JWST data, we argue that GHZ2 is likely powered by compact and young star formation and show that it follows well-established relationships found for giant H ii regions and metal-poor star-forming dwarf galaxies that are known to host bright super star clusters. Additionally, these observations provide new constraints on the oxygen electron density (100 ≲ n e [cm−3] ≲ 4,000) and dynamical mass (M dyn ≈ 3–8 × 108 M ⊙). The existence of these massive starburst systems 13.3 Gyr ago might explain the origin of today’s globular clusters, a long-standing question in astronomy. To test this, we present observational probes to investigate whether sources like GHZ2 are linked to the formation of today’s globular clusters or other more massive compact stellar systems.

The present study provides an analysis of empirical regularities in the development of green technology. We use patent data to examine inventions that can be traced to the environment-related catalogue (ENV-Tech) covering technologies in environmental management, water-related adaptation and climate change mitigation. Furthermore, we employ the Economic Fitness-Complexity (EFC) approach to assess their development and geographical distribution across countries between 1970 and 2010. This allows us to identify three typologies of countries: leaders, laggards and catch-up. While, as expected, there is a direct relationship between GDP per capita and invention capacity, we also document the remarkable growth of East Asia countries that started from the periphery and rapidly established themselves as key actors. This geographical pattern coincides with higher integration across domains so that, while the relative development of individual areas may have peaked, there is now demand for greater interoperability across green technologies.

In this paper, we analyse the role of international patent collaborations in the performance of domestic firms and how the relationship is augmented by the pre-existing capabilities of the domestic firms. Using data on Indian firms, we study patterns of co-invention by Indian firms and foreign partners. The results confirm the crucial role played by the absorptive capacity of domestic firms in enhancing benefits from patent collaborations. Strikingly, we find that the coefficient associated to foreign collaboration has a positive effect on performance only when complemented with previous innovative capabilities. The evidence we present in this work contributes to existing knowledge on the microeconomics behind the process of technological capability accumulation and catching up in developing countries.

The goal of the paper is to elaborate an empirical overview of green technological development in European regions. This is a timely pursuit considering the ambitious commitments stipulated in the recent European Green Deal to achieve climate neutrality by 2050. Our analysis is organised in three steps. First, we map the geographical distribution of innovative activities in Europe and profile regions in terms of technological capabilities. Second, we elaborate a metric to identify regions’ green innovation potential. Third, we check whether possessing a comparative advantage in specific, green and non-green, technological domains is associated with a region’s capacity to develop green technologies.

We spectroscopically confirm the M UV = −20.5 mag galaxy GHZ2/GLASS-z12 to be at redshift z = 12.34. The source was selected via NIRCam photometry in GLASS-JWST Early Release Science data, providing the first evidence of a surprising abundance of bright galaxies at z ≳ 10. The NIRSpec PRISM spectrum shows detections of N iv, C iv, He ii, O iii, C iii, O ii, and Ne iii lines and the first detection at high redshift of the O iii Bowen fluorescence line at 3133 Å rest frame. The prominent C iv line with rest-frame equivalent width (EW) ≈ 46 Å puts GHZ2 in the category of extreme C iv emitters. GHZ2 displays UV lines with EWs that are only found in active galactic nuclei (AGNs) or composite objects at low/intermediate redshifts. The UV line-intensity ratios are compatible with both AGNs and star formation in a low-metallicity environment, with the low limit on the [Ne iv]/[N iv] ratio favoring a stellar origin of the ionizing photons. We discuss a possible scenario in which the high ionizing output is due to low-metallicity stars forming in a dense environment. We estimate a metallicity ≲0.1 Z/Z ⊙, a high ionization parameter log U > −2, a N/O abundance 4–5 times the solar value, and a subsolar C/O ratio similar to the recently discovered class of nitrogen-enhanced objects. Considering its abundance patterns and the high stellar mass density (104 M ⊙ pc−2), GHZ2 is an ideal formation site for the progenitors of today's globular clusters. The remarkable brightness of GHZ2 makes it a “Rosetta stone” for understanding the physics of galaxy formation within just 360 Myr after the Big Bang.