Diamond theory of international competitive advantage

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Diamond theory of international competitive advantage is identifies a 'diamond' of four interrelated areas within a nation which assist that country to be more competitive in international markets – the four areas being factor conditions, competing firms within the country, support industries of the country and home demand. See also Comparative advantage of nations.

Definitions

According to the Corporate Strategy by Lynch (4th edition),

Diamond theory of international competitive advantage. Identifies a 'diamond' of four interrelated areas within a nation which assist that country to be more competitive in international markets – the four areas being factor conditions, competing firms within the country, support industries of the country and home demand. See also Comparative advantage of nations.
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