Michael E Porter's Diamond Model explains The Competitive Advantage of Nations

Michael E Porters “The Diamond Model” was published in 1990 in his book ”The Competitive Advantage of Nations”. It’s a model that can help us understand why a nation becomes the home base for successful international competitors in a particular industry and other nations don’t.

He argues, that the old theories – made by Adam Smith and David Ricardo – are not sufficient to explain competitiveness between technology advantage nations of today.

Section
0:00 Introduction of the author and the purpose of the model
0:39 The models four broad determinants plus two influencing determinants
1:36 1. Determinant - Factor conditions with example
3:43 2. Determinant - Demand conditions with example
5:42 3. Determinant - Related and supporting industries with example
6:56 4. Determinant - Firm strategy, structure, and rivalry with example
8:26 Determinant - Governmental policy - influence on the four broad determinants
11:37 Determinant - Chance - outside control
13:03 An example - The German automobil industry
13:26 The German automobil industry - Factor conditions
15:04 The German automobil industry - Demand conditions
16:06 The German automobil industry - Related and supporting industries
17:20 The German automobil industry - Firm strategy, structure, and rivalry
18:38 The German automobil industry - Chance and Government
19:30 Criticism of the model

Download the model (PowerPoint) from our website:
https://flixabout.com/porters-diamond...

You might benefit from:

Michael Porters five forces
Porter's five forces identifies five ...

Michael Porters value chain
Michael E. Porter's Value Chain model...

Michael Porters generic strategies
Porters generic strategies is about h...

Our Youtube channel
flixaboutcom

Our homepage
www.flixabout.com

• #education
• #porters_diamont_model
• #diamont_model
• #factor_conditions
• #related_and_supporting_industries
• #demand_conditions
• #firm_strategy
• #structure
• #rivalry
• #german_automobil_industri