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Article
Publication date: 22 March 2013

Peng Zhang and Kerry London

Within the context of globalization, industrial competitiveness has played a decisive role in determining a country's status in the world. Porter's Diamond Model is the…

Abstract

Purpose

Within the context of globalization, industrial competitiveness has played a decisive role in determining a country's status in the world. Porter's Diamond Model is the most popular competitiveness theory currently available for explaining the achievement of a country's industrial and firm's competitive advantage. There has been considerable discourse in relation to Porter's Model and the purpose of this paper is to critique and refine Porter's Diamond Model and consider the theme of sustainable development towards the development of a new conceptual model, merging theories and concepts from internationalization, sustainable development and industry competitiveness.

Design/methodology/approach

Critical analysis of industrial competitiveness literature to explore the discourse on Porter's Model and identify challenges which are then informed by a consideration of internationalization and sustainable development literature.

Findings

The Porter's Diamond Model is re‐formed as the Internationalized Sustainable Industrial Competitiveness Model (ISIC Model) to meet the trends of internationalization and sustainable development.

Originality/value

The sustainable development concept is explicitly connected with competitiveness.

Details

Competitiveness Review: An International Business Journal, vol. 23 no. 2
Type: Research Article
ISSN: 1059-5422

Keywords

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Article
Publication date: 2 August 2011

Liu Linqing, Tan Liwen and Ma Haiyan

Massive increases in international trade and investment extend industries beyond national borders, so states and enterprises have become the two critical players in the…

Abstract

Purpose

Massive increases in international trade and investment extend industries beyond national borders, so states and enterprises have become the two critical players in the boundary of industries. The purpose of this paper is to provide a new conceptual framework to analyze the role of states and enterprises in enhancing the industrial international competitiveness (IIC).

Design/methodology/approach

Being a research‐based paper, the topic is approached by theoretical analysis and conceptual development. The paper reviews IIC literature and argues for a rational study ICC in the context of global value chain. Next, the paper puts forward a two‐dimensional governance model and five typical governance systems of the industries of developing countries. Examples of typical governance system are given based the practice of Chinese industries, such as appeal, rare earths, automotive, etc.

Findings

This paper constructs an industrial two‐dimensional governance model of the developing countries in the context of global value chain based on the interaction between industry governance and market governance, and also presents five typical governance systems – free to market, public governance, industrial governance, joint governance and network governance. Different governance system reflects different roles of states and enterprises played in the global value chains and result in different IIC in the end.

Research limitations/implications

The limitation is based primarily on methodology. The two‐dimensional governance model provides target‐oriented guidance for foresting international competitiveness of different types of industries. Future studies should include more in‐depth case studies on different governance system.

Originality/value

The paper presents a framework of the industrial two‐dimensional governance model, which emphasizes the important role of both states and enterprise in the IIC in the context of global value chain.

Details

Nankai Business Review International, vol. 2 no. 3
Type: Research Article
ISSN: 2040-8749

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Article
Publication date: 6 November 2018

Zhijie Guan, Yan Xu, Hong Jiang and Guogang Jiang

The purpose of this paper is to analyze raw materials, labor, capital, demand, related industries, strategies and policies influencing international competitiveness of…

Abstract

Purpose

The purpose of this paper is to analyze raw materials, labor, capital, demand, related industries, strategies and policies influencing international competitiveness of Chinese textile and clothing industry.

Design/methodology/approach

The analysis is conducted using “Diamond Model”, in which raw materials, labor, capital, demand, related industries, strategies and policies are included as explanatory variables, and the impacts of international competitiveness on market share (MS), trade competitiveness(TC) and revealed comparative advantage(RCA) are examined based on the estimated coefficients of these variables.

Findings

These factors have different effects on TC, MS and RCA. While their effects on TC and MS are similar in sign even though their degree of significance differs, their effects on RCA are opposite to TC and MS except for capital. Raw materials and capital have negative effects on TC and MS, while the other factors have positive ones. Raw materials have positive effects on RCA, but all other factors have negative ones.

Practical/implications

The results from this study imply that it is necessary to increase investment in fixed assets of Chinese textile and clothing industry, speed up the pace of upgrading equipment, improve the level of industrialization, while strengthening the supply of textile raw materials, and lowering raw material prices, thereby reducing the cost of textile and clothing enterprises.

Originality/value

To the best of the authors’ knowledge, this is the first empirical research made using econometric model about the impact of the main factors of trade competitiveness in Chinese textile and clothing industry based on the “Diamond Model”.

Details

Journal of Chinese Economic and Foreign Trade Studies, vol. 12 no. 1
Type: Research Article
ISSN: 1754-4408

Keywords

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Article
Publication date: 1 February 1997

Klaus Heidensohn and Edgar P. Hibbert

The aim of this paper is to throw some light on Europe's competitiveness in international trade. With the exception of Krugman, who has argued that ‘concerns about…

Abstract

The aim of this paper is to throw some light on Europe's competitiveness in international trade. With the exception of Krugman, who has argued that ‘concerns about competitiveness are … almost completely unfounded’ and ‘that obsession with competitiveness is not only wrong but dangerous …’ (Krugman 1994: 30); most if not all commentators hold the view that an important economic problem facing countries is one of global competition, i.e., competing in world markets. In the words of President Clinton each nation is Nov. 12 Nov. 12 “like a big corporation competing in the global market place”(quoted in Krugman 1994: 29).

Details

Competitiveness Review: An International Business Journal, vol. 7 no. 2
Type: Research Article
ISSN: 1059-5422

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Article
Publication date: 14 May 2018

Lubna Naz, Adeel Ali and Ambreen Fatima

This paper aims to presents one of the first direct micro-econometric impact of competitive industries (based on revealed comparative advantage [RCA] between Pakistan and…

Abstract

Purpose

This paper aims to presents one of the first direct micro-econometric impact of competitive industries (based on revealed comparative advantage [RCA] between Pakistan and China) on household welfare in Pakistan using semi-parametric matching technique.

Design/methodology/approach

The study has also measured and identified the industrial competitiveness in both agricultural and non-agricultural (manufacturing) industries using RCA approach. RCA at the four-digit ISIC level are matched to household survey data (Pakistan Social and Living Standard Measurement) for 2013-2014 to represent the competitive industries in which the household’s higher earner is employed.

Findings

The findings of the study reveal that the China–Pakistan ex-post treatment effect (industrial competitiveness) provides welfare-improving effects. Furthermore, on this behalf, this study further assesses ex-ante treatment effects of recently signed China–Pakistan Economic Corridor (CPEC) on household welfare and suggests that CPEC would boost further trade liberalization and, therefore, would lead to industrial competitiveness and hence economic growth.

Originality/value

Paper contributes to two streams of literature. First, it measures and identifies the industrial competitiveness in both agricultural and non-agricultural industries using RCA approach; and second, it assesses the welfare of those households associated with these industries using semi-parametric propensity score matching technique.

Details

International Journal of Development Issues, vol. 17 no. 2
Type: Research Article
ISSN: 1446-8956

Keywords

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Article
Publication date: 29 November 2019

Robert D. Pearce and Yuxuan Tang

The purpose of this paper is to evaluate multinational enterprises’ (MNEs) performance and impact in contexts beyond their own internal objectives.

Abstract

Purpose

The purpose of this paper is to evaluate multinational enterprises’ (MNEs) performance and impact in contexts beyond their own internal objectives.

Design/methodology/approach

Based on an “eclectic” paradigm and the range of motivations, the framework is designed around three layers of evaluation: “efficiency” as static optimisation, “growth and development” as the dynamics of change on a purely economic view; political/economic sphere in terms of the outcomes of “distribution”, and “sovereignty” on the more purely political concern of how MNEs may undermine countries’ policy independence.

Findings

MNE and national economies have to use current sources of competitiveness efficiently while addressing the necessity to reinforce and refocus them through time. Within these broad agendas, significant interactions and outcomes reflect a range of contingencies conditioned by both MNE objectives and hosts’ competitive status.

Originality/value

The paper concerns economics and MNE role in globalisation. The paper defines a framework of four generic evaluative issues of MNE performance, which subsume a wider range of important but more niche concerns.

Details

critical perspectives on international business, vol. 17 no. 1
Type: Research Article
ISSN: 1742-2043

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Article
Publication date: 1 February 1993

John H. Dunning and Jeremy Holmes

International industrial competitiveness is probably the single most important — and most discussed — question related to Britain's economic prosperity throughout the…

Abstract

International industrial competitiveness is probably the single most important — and most discussed — question related to Britain's economic prosperity throughout the 1990s and into the next century.

Details

Competitiveness Review: An International Business Journal, vol. 3 no. 2
Type: Research Article
ISSN: 1059-5422

Content available
Article
Publication date: 21 November 2018

Gao Feng

There exist long-term fluctuations in the process of capital accumulation. The economic long wave is an essential part of research into non-mainstream western economics…

Abstract

Purpose

There exist long-term fluctuations in the process of capital accumulation. The economic long wave is an essential part of research into non-mainstream western economics. After the Second World War, the capitalist world experienced the fourth long wave of expansion and then entered into a downward phase of the long wave in the 1970s. Regarding to whether a new long wave of expansion took place in the 1980s, left-wing scholars hold different viewpoints. The purpose of this paper is to focus on this issue.

Design/methodology/approach

First, based on the review of the long wave history, this paper discusses three kinds of long wave theories with significant influence and puts forward the theoretical framework of analyzing the long wave of capitalist economy. Next, under the guidance of this theoretical framework and in combination with the actual development and evolution of the capitalist economy, the issue of whether the fifth long wave of the capitalist economy began to emerge in the 1980s is discussed deeply.

Findings

This paper argues that, from the early 1980s to 2007, the US-dominated developed countries experienced a new long wave of expansion driven by the information technology revolution, the adjustment of the neoliberalism system and the economic globalization. However, the financial-economic crisis of 2008–2009 led to a new phase of long wave downswing.

Originality/value

This paper does not agree with the single-factor analysis of the intrinsic formation mechanism of economic long wave and sticks to the multi-factor analysis centering on the fluctuation of accumulation rate. It is pointed out that the evolution of the long wave of capitalist economy depends on the combined influence of technology, institutions and market. The study of the long wave of the economy will help us to correctly understand the historical stage and characteristics of the current world capitalist economy in the long-term fluctuations, so that we can make an appropriate and positive response.

Details

China Political Economy, vol. 1 no. 2
Type: Research Article
ISSN: 2516-1652

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Article
Publication date: 9 May 2013

Pooran Wynarczyk

The purpose of this paper is to assess the impact of open innovation practices on the innovation capability and export performance of UK small and medium‐sized enterprises (SMEs).

Abstract

Purpose

The purpose of this paper is to assess the impact of open innovation practices on the innovation capability and export performance of UK small and medium‐sized enterprises (SMEs).

Design/methodology/approach

The empirical (quantitative) investigation is based on a sample of 64 SMEs in the UK – 33 “open” innovation firms and 31 “closed” innovation firms.

Findings

The overall results demonstrate that the international competitiveness of SMEs is highly dependent on the cumulative effects and interrelationship between two key internal components, i.e. R&D capacity and managerial structure and competencies, coupled with two external factors, i.e. open innovation practices and the ability of the firm to attract government grants for R&D and technological development.

Research limitations/implications

Owing to the size of the sample, it has not been possible to undertake research within the context of specific regional disparities and/or sectoral characteristics.

Practical implications

In order to achieve and sustain competitive advantage in today's global market, SMEs need to collaborate with universities and other firms to advance and commercialise their technologies through “open innovation”.

Originality/value

Results show that open innovation activities and their impact on the international competitiveness of SMEs are complex and multi‐faceted. Essentially, they are highly related to and dependent upon the cumulative effects of, and interrelationship between, several key internal and external factors. Such factors cannot be fully explored through qualitative approaches as they require more complex and rigorous statistical analyses.

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Article
Publication date: 1 February 1991

Sara Umberger Douglas and Arathi Narayan

The purpose of this study was to explore relationships betweentextile and apparel manufacturers in India and the United States.Results of the survey indicated that…

Abstract

The purpose of this study was to explore relationships between textile and apparel manufacturers in India and the United States. Results of the survey indicated that respondents differed significantly on perceptions of industry opportunities and problems in their respective countries. Significant differences were also found between industry leaders in the two countries when various aspects of their business practices and opinions were examined. Findings are analysed and discussed in relation to their implications for improving global marketing strategies, industrial competitiveness, and international trade.

Details

International Marketing Review, vol. 8 no. 2
Type: Research Article
ISSN: 0265-1335

Keywords

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