4.7 Article

Stratified cohesiveness in complex business networks

Journal

JOURNAL OF BUSINESS RESEARCH
Volume 129, Issue -, Pages 515-526

Publisher

ELSEVIER SCIENCE INC
DOI: 10.1016/j.jbusres.2020.04.005

Keywords

Structural cohesion; Complex business networks; Geodesic distance in networks; Cohesive stratification

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This work introduces a measure for assessing the position of a node in a network by extending the concept of clustering coefficient to local l-adjacency clustering coefficients. Empirical experiments on business networks, particularly air traffic networks, validate the theoretical proposal and demonstrate its usefulness.
In this work, we propose a measure that aims at assessing the position of a node with respect to the interconnected groups of nodes existing in a network. In particular, since the nodes of a network can be placed at different distances from cohesive groups, we extend the standard concept of clustering coefficient and provide the local l-adjacency clustering coefficient of a node i as an opportunely weighted mean of the clustering coefficients of nodes which are at distance l from i. Thus, the standard clustering coefficient is a peculiar local l-adjacency clustering coefficient for l = 0. As l varies, the local l-adjacency clustering coefficient is then used to infer insights on the position of each node in the overall structure. Empirical experiments on special business networks are carried out. In particular, the analysis of air traffic networks validate the theoretical proposal and provide supporting arguments on its usefulness.

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