eBook - PDF

From Adam Smith To Michael Porter: Evolution Of Competitiveness Theory

Name: From Adam Smith To Michael Porter: Evolution Of Competitiveness Theory
ISBN: 9789812385222

Evolution of Competitiveness Theory

Dong-sung Cho,

Hwy-chang Moon,

244 pages
English
PDF
Available on iOS & Android

eBook - PDF

From Adam Smith To Michael Porter: Evolution Of Competitiveness Theory

Evolution of Competitiveness Theory

Dong-sung Cho,

Hwy-chang Moon,

About this book

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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Yes, you can access From Adam Smith To Michael Porter: Evolution Of Competitiveness Theory by Dong-sung Cho, Hwy-chang Moon in PDF and/or ePUB format, as well as other popular books in Economics & Economic History. We have over one million books available in our catalogue for you to explore.