FR ADAM SMITH TO MICHAEL PORTER (V2): EVOLUTION OF COMPETITIVENESS THEORY (Asia-Pacific Business Series Volume 2, Band 2) - Softcover

Cho Dong-Sung

Softcover

ISBN 10: 9810246625 ISBN 13: 9789810246624

Verlag: World Scientific, 2000

Inhaltsangabe

Latest Edition: From Adam Smith to Michael Porter: Evolution of Competitiveness Theory (Extended Edition)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.

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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.

Details zur Ausgabe

• Verlag: World Scientific
• Erscheinungsdatum: 2000
• Sprache: Englisch
• ISBN 10: 9810246625
• ISBN 13: 9789810246624
• Einband: Taschenbuch
• Anzahl der Seiten: 244
• Kontakt zum Hersteller: World Scientific Publishing; https://www.worldscientific.com/; ; 5 Toh Tuck Link; #01-01; 596224; Singapur
• Verantwortliche Person: GPSR Kontakt; gpsr@libri.de; ; Friedensallee 273; Hamburg; 22763; Deutschland