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From adam smith to michael porter: evolution of competitiveness theory: 2 (Asia-pacific Business Series) - Softcover

Book 2 of 5: Asia-Pacific Business Series

Cho, Dong-sung

 
9789810244316: From adam smith to michael porter: evolution of competitiveness theory: 2 (Asia-pacific Business Series)
Softcover
ISBN 10: 9810244312 ISBN 13: 9789810244316
Publisher: Wspc, 2000

Synopsis

Traditionally, a nation's international competitiveness has been explained by international trade theories originating from Adam Smith. However, today's global economy is too complicated to be explained by the traditional trade theories. Recently, Michael Porter of the Harvard Business School introduced a new competitiveness theory, the so-called diamond model. He differentiated his theory from the traditional trade theories by arguing that national prosperity is not inherited, but created by choices; in other words, national wealth is not set by factor endowments, but created by strategic choices. He showed different choices of creating wealth, which had been quite limited in the world of traditional trade theories. His diamond model has lately been extended by several scholars. This book highlights Porter's achievement by comparing it with those of traditional trade theorists and presents new developments of competitiveness theory. By discussing the ''before'' and ''after'' of Porter's theory, the authors provide the reader with a holistic picture of competitiveness theory.

"synopsis" may belong to another edition of this title.

From the Back Cover

Traditionally, a nation's international competitiveness has been explained by international trade theories originating from Adam Smith. However, today's global economy is too complicated to be explained by the traditional trade theories. Recently, Michael Porter of the Harvard Business School introduced a new competitiveness theory, the so-called diamond model. He differentiated his theory from the traditional trade theories by arguing that national prosperity is not inherited, but created by choices; in other words, national wealth is not set by factor endowments, but created by strategic choices. He showed different choices of creating wealth, which had been quite limited in the world of traditional trade theories. His diamond model has lately been extended by several scholars. This book highlights Porter's achievement by comparing it with those of traditional trade theorists and presents new developments of competitiveness theory. By discussing the "before" and "after" of Porter's theory, the authors provide the reader with a holistic picture of competitiveness theory.

"About this title" may belong to another edition of this title.

Publisher
Wspc
Publication date
2000
Language
English
ISBN 10 
9810244312
ISBN 13 
9789810244316
Binding
Paperback
Number of pages
242