Porters competitive advantage of nations AN assessment strategic management journal

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Grant, R. M. (1991). Porter’s Competitive Advantage of Nations: An Assessment. Strategic Management Journal, 12, 535-548.
https://doi.org/10.1002/smj.4250120706

has been cited by the following article:

• TITLE: An Assessment of the Competitiveness of Bangladesh’s RMG Sector Using Porter’s Diamond

  AUTHORS: Shafayat Hossain Chowdhury, Mashruha Zabeen

  KEYWORDS: Bangladesh, Competitiveness, Porter’s Diamond Model, RMG Sector

  JOURNAL NAME: Theoretical Economics Letters, Vol.10 No.4, August 14, 2020

  ABSTRACT: The ready-made garment (RMG) sector of Bangladesh has gained global recognition, competitiveness and has significantly contributed towards national growth. This paper aims to scrutinize the factors that enabled the sector in achieving this position by applying the Porter’s diamond model of national competitiveness. The paper reviews a good number of existing literatures and data sources to evaluate the national diamond. The findings suggest that though low-cost human resources under factor conditions have extensively contributed towards the sector’s competitiveness, the other three elements of the diamond (national demand conditions, related and supporting industries, firm structure and management) were either dormant or not very active. The study puts forward the notion that nations can achieve global competitiveness in a sector even if the national diamond is not strong enough.

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Author

Abstract

Porter's Competitive Advantage of Nations is an important book which bridges the gap between strategic management and international economics while contributing substantially to both. Porter's analysis of the impact of national environment on international competitive performance demonstrates the potential for the theory of competitive strategy to rescue international economics from its slide into refined irrelevance, while simultaneously broadening the scope of the theory of competitive strategy to encompass both the international dimension and the dynamic context of competition. Nevertheless, the breadth and relevance of Porter's analysis have been achieved at the expense of precision and determinancy. Concepts are often ill defined, theoretical relationships poorly specified, and empirical data chosen selectively and interpreted subjectively.

Suggested Citation

Handle: RePEc:bla:stratm:v:12:y:1991:i:7:p:535-548
DOI: 10.1002/smj.4250120706

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Cited by:

1. Carmen Elena Dorobat, 2015. "A brief history of international trade thought: From pre-doctrinal contributions to the 21st century heterodox international economics," The Journal of Philosophical Economics, Bucharest Academy of Economic Studies, The Journal of Philosophical Economics, vol. 8(2), May.
2. David Charles & Paul Benneworth, 1999. "Plant Closure and Institutional Modernisation," Local Economy, London South Bank University, vol. 14(3), pages 200-213, November.
3. Binh Do & Uyen Nguyen & Ninh Nguyen & Lester W. Johnson, 2019. "Exploring the Proactivity Levels and Drivers of Environmental Strategies Adopted by Vietnamese Seafood Export Processing Firms: A Qualitative Approach," Sustainability, MDPI, vol. 11(14), pages 1-22, July.
4. Elena Beleska-Spasova & Sirinuch Loykulnanta & Quyen T. K. Nguyen, 2016. "Firm-specific, national and regional competitive advantages: The case of emerging market MNEs—Thailand," Asian Business & Management, Palgrave Macmillan, vol. 15(4), pages 264-291, September.
5. Yi-Min Chen, 2008. "How Much Does Country Matter?," International Regional Science Review, , vol. 31(4), pages 404-435, October.
6. Aki Tomizawa & Li Zhao & Geneviève Bassellier & David Ahlstrom, 2020. "Economic growth, innovation, institutions, and the Great Enrichment," Asia Pacific Journal of Management, Springer, vol. 37(1), pages 7-31, March.
7. John Kuada, 2016. "Enterprise Growth and Global Competitiveness - An African Perspective," Research Africa Network Working Papers 16/001, Research Africa Network (RAN).

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