International Review of National Competitiveness

International Review of National Competitiveness

A Detailed Analysis of Sources and Rankings

Dong-Sung Cho and Hwy-Chang Moon

This book provides rankings of national competitiveness alongside a series of sophisticated and specific guidelines for enhancing national competitiveness.

Chapter 3: Conceptual framework and analytical methodologies

Dong-Sung Cho and Hwy-Chang Moon

Subjects: business and management, international business, economics and finance, international economics

Extract

Michael Porter developed a comprehensive approach to national competitiveness, the so-called Diamond Model, in his book entitled The Competitive Advantage of Nations (Porter, 1990). The book was meant to succeed The Wealth of Nations (Smith, 1776) by redefining the meaning of national wealth. Porter’s Diamond Model was extended in two directions. One was the incorporation of multinational activities through the introduction of the Double Diamond Model (Rugman, 1991; Moon et al., 1998; Dunning, 2003).The other was the addition of human factors through the proposition of the 9-Factor Model (Cho, 1994). A new comprehensive model was introduced by integrating the concepts of the two models, the Double Diamond and the 9 Factor. The new model was christened the Double Diamond (DD)-based 9-Factor Model (the IPS model), which is the underlying theory of the IPS National Competitiveness Research.

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.

Further information