A critical analysis of Porter's framework on the competitive advantage of nations

Abstract

Porter's Competitive Advantage of Nations is an important but ultimately unsatisfactory book; while the case studies are fascinating, as a whole the analysis is insufficiently theoretical and not empirically rigorous. The analysis of international competitiveness needs to better incorporate the scientific work of international economics, especially the lasting relevance of the theory of comparative advantage.

Citation

Waverman, L. (1995), "A critical analysis of Porter's framework on the competitive advantage of nations", Rugman, A.M., Van Den Broec, J. and Verbeke, A. (Ed.) Beyond The Diamond (Research in Global Strategic Management, Vol. 5), Emerald Group Publishing Limited, Leeds, pp. 67-95. https://doi.org/10.1016/S1064-4857(95)05004-3