This paper investigates how firms can use synergy to optimize their information technology portfolios. We begin by developing a framework for the portfolio selection by identifying three types of information technology synergy. Next, we use this framework to examine the impact of different types of synergy on the portfolio selection. Analytical models are developed to illustrate the roles of di...

The knowledge base of an economy measured in terms of Triple-Helix relations can be analyzed in terms of mutual information among geographical, sectorial, and size distributions of firms as dimensions of the probabilistic entropy. The resulting synergy values of a TH system provide static snapshots. In this study, we add the time dimension and analyze the synergy dynamics using the Norwegian in...