Author: Dong-Sung Cho Publisher: World Scientific ISBN: 9814401676 Category : Business & Economics Languages : en Pages : 348
Book Description
With Foreword writer Michael Porter Following the success of the First Edition published in 2000, this extended edition of From Adam Smith to Michael Porter: Evolution of Competitiveness Theory provides a thorough explanation of the evolution of international competitiveness theories and their economic and strategic implications. The theories range from classical theories such as Adam Smith's theory of absolute advantage, to new theories such as Michael Porter's diamond model. Professor Cho and Professor Moon have updated their research with their latest theoretical advancements, such as the double-diamond-based nine factor model, and MASI (Measure, Analyze, Stimulate, and Implement) model. This newly revised volume is suitable for International Economics, Business Strategy, and International Business courses on both the graduate and upper-division undergraduate levels. Policy makers and corporate managers will also find useful implications from this book's systematic integration and application of important competitiveness models. Contents:From Adam Smith to Michael Porter:Traditional Model: TheoryTraditional Model: DebateNew Model: TheoryNew Model: DebateMichael Porter and Theoretical Extensions:Extended Model (1): The Generalized Double Diamond ModelExtended Model (2): The Nine-Factor ModelExtended Model (3): Double Diamond-Based Nine-Factor ModelMethodology for National Competitiveness AnalysisMichael Porter and Practical Extensions:Application: Firm LevelApplication: Industry LevelApplication: National LevelApplication: Other Areas Readership: Business strategy and international business courses for graduate and upper-division undergraduate levels. Policymakers and corporate managers. Keywords:Competitiveness;Adam Smith;Michael Porter;Diamond Model;9-factor Model;Double Diamond Model;Generalized Diamond Model;Dual Double Diamond ModelKey Features:This is an extended version of From Adam Smith to Michael Porter and covers the progress of competitiveness theories dealing with their original concepts and debates on themThe authors' latest theories, such as the dual double diamond, the strategic methodology, MASI (Measure, Analyze, Simulate, and Implement), and their practical applications are added in this revised versionReviews: Review of the First Edition: “The authors provide perceptive, concise summaries of the significant theories from Adam Smith to Michael Porter, resulting in an excellent overview of economic thought as it pertains to trade.” Choice
Author: Dong-sung Cho Publisher: World Scientific ISBN: 9814492329 Category : Business & Economics Languages : en Pages : 243
Book Description
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.
Author: Dong-Sung Cho Publisher: World Scientific ISBN: 9789810246624 Category : Business & Economics Languages : en Pages : 252
Book Description
This book deals with important theories of international competitiveness and their strategic implications. The theories range from classical theories such as Adam Smith's absolute advantage to new theories such as Michael Porter's diamond model.
Author: Michael E. Porter Publisher: Free Press ISBN: 9780684841472 Category : Business & Economics Languages : en Pages : 904
Book Description
Now beyond its eleventh printing and translated into twelve languages, Michael Porter’s The Competitive Advantage of Nations has changed completely our conception of how prosperity is created and sustained in the modern global economy. Porter’s groundbreaking study of international competitiveness has shaped national policy in countries around the world. It has also transformed thinking and action in states, cities, companies, and even entire regions such as Central America. 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 international business thinking. Porter's concept of “clusters,” or groups of interconnected firms, suppliers, related industries, and institutions that arise in particular locations, has become a new way for companies and governments to think about economies, assess the competitive advantage of locations, and set public policy. Even before publication of the book, Porter’s theory had guided national reassessments in New Zealand and elsewhere. His ideas and personal involvement have shaped strategy in countries as diverse as the Netherlands, Portugal, Taiwan, Costa Rica, and India, and regions such as Massachusetts, California, and the Basque country. Hundreds of cluster initiatives have flourished throughout the world. In an era of intensifying global competition, this pathbreaking book on the new wealth of nations has become the standard by which all future work must be measured.
Author: Michael E. Porter Publisher: Simon and Schuster ISBN: 1416595848 Category : Business & Economics Languages : en Pages : 592
Book Description
Now beyond its eleventh printing and translated into twelve languages, Michael Porter’s The Competitive Advantage of Nations has changed completely our conception of how prosperity is created and sustained in the modern global economy. Porter’s groundbreaking study of international competitiveness has shaped national policy in countries around the world. It has also transformed thinking and action in states, cities, companies, and even entire regions such as Central America. 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 international business thinking. Porter's concept of “clusters,” or groups of interconnected firms, suppliers, related industries, and institutions that arise in particular locations, has become a new way for companies and governments to think about economies, assess the competitive advantage of locations, and set public policy. Even before publication of the book, Porter’s theory had guided national reassessments in New Zealand and elsewhere. His ideas and personal involvement have shaped strategy in countries as diverse as the Netherlands, Portugal, Taiwan, Costa Rica, and India, and regions such as Massachusetts, California, and the Basque country. Hundreds of cluster initiatives have flourished throughout the world. In an era of intensifying global competition, this pathbreaking book on the new wealth of nations has become the standard by which all future work must be measured.
Author: Tong-s?ng Cho Publisher: World Scientific ISBN: 9814401668 Category : Business & Economics Languages : en Pages : 347
Book Description
This book provides a thorough explanation of the evolution of international competitiveness theories and their economic and strategic implications. The theories range from classical theories such as Adam Smith's theory of absolute advantage, to new theories such as Michael Porter's diamond model.
Author: Michael E. Porter Publisher: New York : Free Press ; Toronto : Maxwell Macmillan Canada ISBN: Category : Business & Economics Languages : en Pages : 424
Book Description
Presents the comprehensive framework of analytical techniques to help a firm analyze its industry as a whole and predict the industry's future evolution, to understand its competitors and its own position ...
Author: Michael E. Porter Publisher: Simon and Schuster ISBN: 1416590358 Category : Business & Economics Languages : en Pages : 309
Book Description
Now nearing its sixtieth printing in English and translated into nineteen languages, Michael E. Porter's Competitive Strategy has transformed the theory, practice, and teaching of business strategy throughout the world. Electrifying in its simplicity—like all great breakthroughs—Porter’s analysis of industries captures the complexity of industry competition in five underlying forces. Porter introduces one of the most powerful competitive tools yet developed: his three generic strategies—lowest cost, differentiation, and focus—which bring structure to the task of strategic positioning. He shows how competitive advantage can be defined in terms of relative cost and relative prices, thus linking it directly to profitability, and presents a whole new perspective on how profit is created and divided. In the almost two decades since publication, Porter's framework for predicting competitor behavior has transformed the way in which companies look at their rivals and has given rise to the new discipline of competitor assessment. More than a million managers in both large and small companies, investment analysts, consultants, students, and scholars throughout the world have internalized Porter's ideas and applied them to assess industries, understand competitors, and choose competitive positions. The ideas in the book address the underlying fundamentals of competition in a way that is independent of the specifics of the ways companies go about competing. Competitive Strategy has filled a void in management thinking. It provides an enduring foundation and grounding point on which all subsequent work can be built. By bringing a disciplined structure to the question of how firms achieve superior profitability, Porter’s rich frameworks and deep insights comprise a sophisticated view of competition unsurpassed in the last quarter-century.
Author: Dong-Sung Cho
Author: Dong-sung Cho
Author: Dong-Sung Cho
Author: Michael E. Porter
Author: Michael E. Porter
Author: Michael E. Porter
Author: Tong-s?ng Cho
Author: Andrew Stewart Skinner
Author: Michael E. Porter
Author: Michael E. Porter