Diamond Model of national advantage
E718427
competitive advantage framework
economic theory
international business framework
strategic management model
The Diamond Model of national advantage is Michael Porter's framework that explains how a nation's competitive success in particular industries arises from the interaction of factor conditions, demand conditions, related and supporting industries, and firm strategy, structure, and rivalry.
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
competitive advantage framework
ⓘ
economic theory ⓘ international business framework ⓘ strategic management model ⓘ |
| aimsTo | explain why certain nations succeed in particular industries ⓘ |
| alsoKnownAs |
Porter Diamond
NERFINISHED
ⓘ
Porter’s Diamond Model NERFINISHED ⓘ |
| appliesTo |
export competitiveness
ⓘ
international trade ⓘ location advantages of nations ⓘ |
| assumes | firms compete internationally through innovation and upgrading ⓘ |
| author | Michael E. Porter NERFINISHED ⓘ |
| contrastsWith |
classical trade theories
ⓘ
comparative advantage based solely on factor endowments ⓘ |
| critiquedFor |
limited applicability to developing countries
ⓘ
underestimating role of multinational enterprises’ internal networks ⓘ |
| describedIn | The Competitive Advantage of Nations NERFINISHED ⓘ |
| emphasizes |
dynamic competition
ⓘ
innovation ⓘ interaction of national conditions ⓘ |
| explains | national competitive advantage in specific industries ⓘ |
| field |
economic geography
ⓘ
international economics ⓘ strategic management ⓘ |
| focusesOn | industry-level competitiveness ⓘ |
| hasAdditionalInfluence |
chance
ⓘ
government ⓘ |
| hasComponent |
demand conditions
ⓘ
factor conditions ⓘ firm strategy, structure, and rivalry ⓘ related and supporting industries ⓘ |
| hasDeterminant |
demand conditions
ⓘ
factor conditions ⓘ firm strategy, structure, and rivalry ⓘ related and supporting industries ⓘ |
| hasShape | diamond ⓘ |
| influenced | national competitiveness policies ⓘ |
| influencedBy | observations of successful national industries ⓘ |
| publicationYear | 1990 ⓘ |
| relatedTo |
cluster theory
ⓘ
national innovation systems ⓘ |
| states | national environment shapes firm competitive advantage ⓘ |
| usedBy |
consultants
ⓘ
governments ⓘ multinational enterprises ⓘ |
| usedIn |
cluster analysis
ⓘ
economic policy analysis ⓘ international business strategy ⓘ |
| visualizedAs | four interrelated determinants arranged in a diamond ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.