the competitive advantage of nations

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Issue:

Miscellaneous

 

Written by:

Talisha G

 

Date added:

August 16, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1592

 

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9972 times

 

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Firms become competitive through innovation. Innovation can include technical improvements to the product or to the production process. B. The Diamond - Four Determinants of National Competitive Advantage ? Four attributes of a nation comprise Porter's "Diamond" of national advantage. They are: a...
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They are: a. factor conditions (i.e. the nation's position in factors of production, such as skilled labour and infrastructure), b. demand conditions (i.e. sophisticated customers in home market), c. related and supporting industries, and d. firm strategy, structure and rivalry (i.e. conditions for organization of companies, and the nature of domestic rivalry)...
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