Diamond theory of international competitive advantage
Revision as of 16:14, 10 July 2020 by EshwaN (talk | contribs) (Created page with "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...")
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.
