Porters Diamond Model
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Michael Porters “The Diamond Model” was published in 1990 in his book ”The Competitive Advantage of Nations”. It’s a model that can help us understand why a nation becomes the home base for successful international competitors in a particular industry and other nations don’t.
He argues, that the old theories – made by Adam Smith and David Ricardo – are not sufficient to explain competitiveness between technology advantage nations of today.
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