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porter's diamond Competitive Advantage of Nations
Essay specific features
Written by:
Anne D
Date added:
October 23, 2013
Level:
Grade:
A
No of pages / words:
2 / 471
Was viewed:
629 times
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Essay content:
Abundance of such factors may actually undermine competitive advantage! He introduced a concept of "clusters," or groups of interconnected firms, suppliers, related industries, and institutions that arise in particular locations.
As a rule Competitive Advantage of nations has been the outcome of 4 interlinked advanced factors and activities in and between companies in these clusters...
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These can be influenced in a pro-active way by government.
These interlinked advanced factors for Competitive Advantage for countries or regions in Porters Diamond framework are:
1. Firm Strategy, Structure and Rivalry (The world is dominated by dynamic conditions, and it is direct competition that impels firms to work for increases in productivity and innovation)
2...
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