The competitive advantage of nations
by Michael E. Porter · first published 1990
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"Based on research in ten leading trading nations, The Competitive Advantage of Nations offers the first theory of competitiveness based on the causes of the productivity with which companies compete. Porter shows how traditional comparative advantages such as natural resources and pools of labor have been superseded as sources of prosperity, and how broad macroeconomic accounts of competitiveness are insufficient. The book introduces Porter's "diamond," a whole new way to understand the competitive position of a nation (or other locations) in global competition that is now an integral part of
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Great summary. Probably good follow on reads would be the classical "An Inquiry into the Nature and Causes of the Wealth of Nations" by Adam Smith and "The Competitive Advantage of Nations" by Michael Porter. Just subscribed!
on “Book Summary: Why Nations Fail – Understanding why countries are rich or poor” ↗…authority Micheal Porter, the most cited author in business and economics and six-time winner of the McKinsey Award for the best Harvard Business Review article of the year agrees : Porter wrote "The Competitive Advantage of Nations" in 1990. The book is based on studies of ten nations and argues that a key to national wealth and advantage was the productivity of firms and workers collectively, and that the national and regional…
on “Panama: The Hidden Trillions” ↗