Porter Model of National Competitive Advantage - Essay Example

This essay explores what the strengths and limitations of Porter's model of national competitive advantage are in explaining the comparative nature and achievements of national business systems.... This research will begin with the statement that Michael Porter's model of national competitive advantage is one of the highest acclaimed works in the world which answers many questions about the economics and managerial sciences.... He presented this model in his book 'The competitive advantage of Nations' in 1990....

All this is written in the book he published titled “The competitive advantage of Nations”.... This model proposes that the nationalized home base of a business plays a considerable role in determining the scope to which it is expected to achieve a competitive advantage on an international level.... In this situation, the local organizations give more attention to that commodity than foreign organizations do, thus leading to the element of competitive advantage as soon as the local organizations start exporting the commodity in question....

The underlying purpose of this discussion is to provide the reader with a more informed understanding of how convincing is Porter's model of national competitive advantage in explaining the workings and achievements of a major nation.... The model suggests that an organizations national home base plays a great role in defining the extent that the organization is likely to be successful in the global scale as well as having a competitive advantage.... These factors may provide some advantage in the market and may act as a competitive advantage....

The essay "model of national competitive advantage of Porter" focuses on the critical analysis of the use of Porter's model of national competitive advantage.... eyond Porter's perspective of factor conditions, it is argued here that little evidence exists for the relevance of local diamonds in assessing the characteristics or performance of national competitive advantage.... Porter proposed a 'Diamond Framework' to explain how businesses can develop and sustain competitive advantage....

The paper "Porter's 'Diamond' of national competitive advantage" focuses on the various features of 'diamond' model and its impact on national policies in achieving competitive power.... Former Harvard university professor Michael Porter and his associates have identified four different parameters for achieving competitive power, which is known as Porter's diamond model for national competitive advantage.... competitive advantage is one of the major business function all the organizations or the nations are looking for....

The paper "Porters model of national competitive advantage" is a perfect example of a management essay.... The paper "Porters model of national competitive advantage" is a perfect example of a management essay.... The paper "Porters model of national competitive advantage" is a perfect example of a management essay.... As much as each country has its own unique and beneficial features when it comes to gaining or achieving national competitive advantage, the individuals in that country have to put effort so as to be successful....

The paper "Porter's model of national competitive advantage" is an outstanding example of a management literature review.... The paper "Porter's model of national competitive advantage" is an outstanding example of a management literature review.... The paper "Porter's model of national competitive advantage" is an outstanding example of a management literature review.... Porter thereby introduced the 'diamond model of national competitive advantage' in order to explain the reasons why a number of nations are more competitive than others, and reasons why several businesses or industries would be more competitive....

The paper 'Porter and national competitive advantage' is a convincing example of a macro & microeconomics assignment.... The paper 'Porter and national competitive advantage' is a convincing example of a macro & microeconomics assignment.... The competitive advantage is propelled by the existence of the four corner model of the diamond which must all be present (i.... 90) offers a critic of the assumption of the diamond as a force behind the competitive advantage of countries with relevant examples of New Zealand and Canada....