From Adam Smith To Michael Porter

Author : Dong-Sung Cho,Hwy-Chang Moon
Publisher : World Scientific
Page : 348 pages
File Size : 49,8 Mb
Release : 2013-02-21
Category : Business & Economics
ISBN : 9789814401678

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From Adam Smith to Michael Porter by Dong-Sung Cho,Hwy-Chang Moon Pdf

With Foreword writer Michael Porter Following the success of the First Edition published in 2000, this extended edition of From Adam Smith to Michael Porter: Evolution of Competitiveness Theory provides a thorough explanation of the evolution of international competitiveness theories and their economic and strategic implications. The theories range from classical theories such as Adam Smith's theory of absolute advantage, to new theories such as Michael Porter's diamond model. Professor Cho and Professor Moon have updated their research with their latest theoretical advancements, such as the double-diamond-based nine factor model, and MASI (Measure, Analyze, Stimulate, and Implement) model. This newly revised volume is suitable for International Economics, Business Strategy, and International Business courses on both the graduate and upper-division undergraduate levels. Policy makers and corporate managers will also find useful implications from this book's systematic integration and application of important competitiveness models. Contents:From Adam Smith to Michael Porter:Traditional Model: TheoryTraditional Model: DebateNew Model: TheoryNew Model: DebateMichael Porter and Theoretical Extensions:Extended Model (1): The Generalized Double Diamond ModelExtended Model (2): The Nine-Factor ModelExtended Model (3): Double Diamond-Based Nine-Factor ModelMethodology for National Competitiveness AnalysisMichael Porter and Practical Extensions:Application: Firm LevelApplication: Industry LevelApplication: National LevelApplication: Other Areas Readership: Business strategy and international business courses for graduate and upper-division undergraduate levels. Policymakers and corporate managers. Keywords:Competitiveness;Adam Smith;Michael Porter;Diamond Model;9-factor Model;Double Diamond Model;Generalized Diamond Model;Dual Double Diamond ModelKey Features:This is an extended version of From Adam Smith to Michael Porter and covers the progress of competitiveness theories dealing with their original concepts and debates on themThe authors' latest theories, such as the dual double diamond, the strategic methodology, MASI (Measure, Analyze, Simulate, and Implement), and their practical applications are added in this revised versionReviews: Review of the First Edition: “The authors provide perceptive, concise summaries of the significant theories from Adam Smith to Michael Porter, resulting in an excellent overview of economic thought as it pertains to trade.” Choice

Author : Dong-sung Cho,Hwy-chang Moon
Publisher : World Scientific
Page : 243 pages
File Size : 49,8 Mb
Release : 2000-10-27
Category : Business & Economics
ISBN : 9789814492324

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From Adam Smith To Michael Porter: Evolution Of Competitiveness Theory by Dong-sung Cho,Hwy-chang Moon Pdf

Latest Edition: From Adam Smith to Michael Porter: Evolution of Competitiveness Theory (Extended Edition)Traditionally, a nation's international competitiveness has been explained by international trade theories originating from Adam Smith. However, today's global economy is too complicated to be explained by the traditional trade theories. Recently, Michael Porter of the Harvard Business School introduced a new competitiveness theory, the so-called diamond model. He differentiated his theory from the traditional trade theories by arguing that national prosperity is not inherited, but created by choices; in other words, national wealth is not set by factor endowments, but created by strategic choices. He showed different choices of creating wealth, which had been quite limited in the world of traditional trade theories. His diamond model has lately been extended by several scholars. This book highlights Porter's achievement by comparing it with those of traditional trade theorists and presents new developments of competitiveness theory. By discussing the “before” and “after” of Porter's theory, the authors provide the reader with a holistic picture of competitiveness theory.

Author : Dong-Sung Cho,Tong-sŏng Cho,Hwy-Chang Moon
Publisher : World Scientific
Page : 252 pages
File Size : 47,5 Mb
Release : 2000
Category : Business & Economics
ISBN : 9810246625

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From Adam Smith to Michael Porter by Dong-Sung Cho,Tong-sŏng Cho,Hwy-Chang Moon Pdf

This book deals with important theories of international competitiveness and their strategic implications. The theories range from classical theories such as Adam Smith's absolute advantage to new theories such as Michael Porter's diamond model.

Author : Tong-s?ng Cho
Publisher : World Scientific
Page : 347 pages
File Size : 55,9 Mb
Release : 2013
Category : Business & Economics
ISBN : 9789814401661

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From Adam Smith to Michael Porter by Tong-s?ng Cho Pdf

This book provides a thorough explanation of the evolution of international competitiveness theories and their economic and strategic implications. The theories range from classical theories such as Adam Smith's theory of absolute advantage, to new theories such as Michael Porter's diamond model.

Author : Michael E. Porter
Publisher : Free Press
Page : 904 pages
File Size : 41,9 Mb
Release : 1998-06-01
Category : Business & Economics
ISBN : 0684841479

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Competitive Advantage of Nations by Michael E. Porter Pdf

Now beyond its eleventh printing and translated into twelve languages, Michael Porter’s The Competitive Advantage of Nations has changed completely our conception of how prosperity is created and sustained in the modern global economy. Porter’s groundbreaking study of international competitiveness has shaped national policy in countries around the world. It has also transformed thinking and action in states, cities, companies, and even entire regions such as Central America. Based on research in ten leading trading nations, The Competitive Advantage of Nations offers the first theory of competitiveness based on the causes of the productivity with which companies compete. Porter shows how traditional comparative advantages such as natural resources and pools of labor have been superseded as sources of prosperity, and how broad macroeconomic accounts of competitiveness are insufficient. The book introduces Porter’s “diamond,” a whole new way to understand the competitive position of a nation (or other locations) in global competition that is now an integral part of international business thinking. Porter's concept of “clusters,” or groups of interconnected firms, suppliers, related industries, and institutions that arise in particular locations, has become a new way for companies and governments to think about economies, assess the competitive advantage of locations, and set public policy. Even before publication of the book, Porter’s theory had guided national reassessments in New Zealand and elsewhere. His ideas and personal involvement have shaped strategy in countries as diverse as the Netherlands, Portugal, Taiwan, Costa Rica, and India, and regions such as Massachusetts, California, and the Basque country. Hundreds of cluster initiatives have flourished throughout the world. In an era of intensifying global competition, this pathbreaking book on the new wealth of nations has become the standard by which all future work must be measured.

Author : Andrew Stewart Skinner
Publisher : Unknown
Page : 27 pages
File Size : 51,9 Mb
Release : 1998
Category : Division of labor
ISBN : OCLC:39270858

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Adam Smith by Andrew Stewart Skinner Pdf

Author : Michael E. Porter
Publisher : Simon and Schuster
Page : 592 pages
File Size : 52,6 Mb
Release : 2008-06-30
Category : Business & Economics
ISBN : 9781416595847

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Competitive Advantage by Michael E. Porter Pdf

Now beyond its eleventh printing and translated into twelve languages, Michael Porter’s The Competitive Advantage of Nations has changed completely our conception of how prosperity is created and sustained in the modern global economy. Porter’s groundbreaking study of international competitiveness has shaped national policy in countries around the world. It has also transformed thinking and action in states, cities, companies, and even entire regions such as Central America. Based on research in ten leading trading nations, The Competitive Advantage of Nations offers the first theory of competitiveness based on the causes of the productivity with which companies compete. Porter shows how traditional comparative advantages such as natural resources and pools of labor have been superseded as sources of prosperity, and how broad macroeconomic accounts of competitiveness are insufficient. The book introduces Porter’s “diamond,” a whole new way to understand the competitive position of a nation (or other locations) in global competition that is now an integral part of international business thinking. Porter's concept of “clusters,” or groups of interconnected firms, suppliers, related industries, and institutions that arise in particular locations, has become a new way for companies and governments to think about economies, assess the competitive advantage of locations, and set public policy. Even before publication of the book, Porter’s theory had guided national reassessments in New Zealand and elsewhere. His ideas and personal involvement have shaped strategy in countries as diverse as the Netherlands, Portugal, Taiwan, Costa Rica, and India, and regions such as Massachusetts, California, and the Basque country. Hundreds of cluster initiatives have flourished throughout the world. In an era of intensifying global competition, this pathbreaking book on the new wealth of nations has become the standard by which all future work must be measured.

Author : MICHAEL EMMETT BRADY
Publisher : Xlibris Corporation
Page : 176 pages
File Size : 48,8 Mb
Release : 2015-07-21
Category : Business & Economics
ISBN : 9781503587328

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Adam Smith by MICHAEL EMMETT BRADY Pdf

Adam Smiths original, path breaking work on decision making, uncertainty and public policies to minimize the impact of uncertainty in the economy has been overlooked for well over two hundred years. One need only peruse the badly analyzed work of Smith in this area as presented by Henry D MacLeod in his The Elements of Political Economy on pp.212-220 or Henry Sidgwicks The Principles of Political Economy on pp.359-361, as well as the misevaluations of Smiths contributions made by Jacob Viner in 1927, Joseph Schumpeter in 1954, Murray Rothbard in 1995, or Salim Rashid in 1998 to realize that Smiths important contributions were never recognized. The claim that Smith made no original contributions to economic theory or economics is simply false.

Author : Michael E. Porter
Publisher : New York : Free Press ; Toronto : Maxwell Macmillan Canada
Page : 424 pages
File Size : 40,6 Mb
Release : 1980
Category : Business & Economics
ISBN : UOM:39015015289450

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Competitive Strategy by Michael E. Porter Pdf

Presents the comprehensive framework of analytical techniques to help a firm analyze its industry as a whole and predict the industry's future evolution, to understand its competitors and its own position ...

Author : Michael E. Porter
Publisher : Simon and Schuster
Page : 309 pages
File Size : 40,9 Mb
Release : 2008-06-30
Category : Business & Economics
ISBN : 9781416590354

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Competitive Strategy by Michael E. Porter Pdf

Now nearing its sixtieth printing in English and translated into nineteen languages, Michael E. Porter's Competitive Strategy has transformed the theory, practice, and teaching of business strategy throughout the world. Electrifying in its simplicity—like all great breakthroughs—Porter’s analysis of industries captures the complexity of industry competition in five underlying forces. Porter introduces one of the most powerful competitive tools yet developed: his three generic strategies—lowest cost, differentiation, and focus—which bring structure to the task of strategic positioning. He shows how competitive advantage can be defined in terms of relative cost and relative prices, thus linking it directly to profitability, and presents a whole new perspective on how profit is created and divided. In the almost two decades since publication, Porter's framework for predicting competitor behavior has transformed the way in which companies look at their rivals and has given rise to the new discipline of competitor assessment. More than a million managers in both large and small companies, investment analysts, consultants, students, and scholars throughout the world have internalized Porter's ideas and applied them to assess industries, understand competitors, and choose competitive positions. The ideas in the book address the underlying fundamentals of competition in a way that is independent of the specifics of the ways companies go about competing. Competitive Strategy has filled a void in management thinking. It provides an enduring foundation and grounding point on which all subsequent work can be built. By bringing a disciplined structure to the question of how firms achieve superior profitability, Porter’s rich frameworks and deep insights comprise a sophisticated view of competition unsurpassed in the last quarter-century.

Author : Katherine M. Gehl,Michael E. Porter
Publisher : Harvard Business Press
Page : 316 pages
File Size : 46,9 Mb
Release : 2020-06-23
Category : Political Science
ISBN : 9781633699243

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The Politics Industry by Katherine M. Gehl,Michael E. Porter Pdf

Leading political innovation activist Katherine Gehl and world-renowned business strategist Michael Porter bring fresh perspective, deep scholarship, and a real and actionable solution, Final Five Voting, to the grand challenge of our broken political and democratic system. Final Five Voting has already been adopted in Alaska and is being advanced in states across the country. The truth is, the American political system is working exactly how it is designed to work, and it isn't designed or optimized today to work for us—for ordinary citizens. Most people believe that our political system is a public institution with high-minded principles and impartial rules derived from the Constitution. In reality, it has become a private industry dominated by a textbook duopoly—the Democrats and the Republicans—and plagued and perverted by unhealthy competition between the players. Tragically, it has therefore become incapable of delivering solutions to America's key economic and social challenges. In fact, there's virtually no connection between our political leaders solving problems and getting reelected. In The Politics Industry, business leader and path-breaking political innovator Katherine Gehl and world-renowned business strategist Michael Porter take a radical new approach. They ingeniously apply the tools of business analysis—and Porter's distinctive Five Forces framework—to show how the political system functions just as every other competitive industry does, and how the duopoly has led to the devastating outcomes we see today. Using this competition lens, Gehl and Porter identify the most powerful lever for change—a strategy comprised of a clear set of choices in two key areas: how our elections work and how we make our laws. Their bracing assessment and practical recommendations cut through the endless debate about various proposed fixes, such as term limits and campaign finance reform. The result: true political innovation. The Politics Industry is an original and completely nonpartisan guide that will open your eyes to the true dynamics and profound challenges of the American political system and provide real solutions for reshaping the system for the benefit of all. THE INSTITUTE FOR POLITICAL INNOVATION The authors will donate all royalties from the sale of this book to the Institute for Political Innovation.

Author : Douglas A. Irwin
Publisher : Princeton University Press
Page : 290 pages
File Size : 42,9 Mb
Release : 1998-01-11
Category : Business & Economics
ISBN : 0691058962

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Against the Tide by Douglas A. Irwin Pdf

A delightful as well as educational read. It should be a set text for anyone interested in trade policy - The Economist.

Author : Michael Emmett Brady
Publisher : Xlibris Corporation
Page : 142 pages
File Size : 44,9 Mb
Release : 2015-12-17
Category : Business & Economics
ISBN : 9781514434000

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Adam Smith by Michael Emmett Brady Pdf

Adam Smith’s original path-breaking work on decision making, uncertainty, and public policies to minimize the impact of uncertainty in the economy has been overlooked for well over two hundred years. One need only peruse the badly analyzed work of Smith in this area, as presented by Henry D. MacLeod in his The Elements of Political Economy, on pages 212–220, or Henry Sidgwick’s The Principles of Political Economy, on pages 359–361, as well as the misevaluations of Smith’s contributions made by Jacob Viner in 1927, Joseph Schumpeter in 1954, Murray Rothbard in 1995, or Salim Rashid in 1998 to realize that Smith’s important contributions were never recognized. The claim that Smith made no original contributions to economic theory or economics is simply false.

Author : Sandra Peart,David M. Levy
Publisher : University of Michigan Press
Page : 451 pages
File Size : 48,6 Mb
Release : 2009-11-16
Category : Business & Economics
ISBN : 9780472024148

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The Street Porter and the Philosopher by Sandra Peart,David M. Levy Pdf

Adam Smith, asserting the common humanity of the street porter and the philosopher, articulated the classical economists' model of social interactions as exchanges among equals. This model had largely fallen out of favor until, recently, a number of scholars in the avant-garde of economic thought rediscovered it and rechristened it "analytical egalitarianism." In this volume, Sandra J. Peart and David M. Levy bring together an impressive array of authors to explore the ramifications of this analytical ideal and to discuss the ways in which an egalitarian theory of individuality can enable economists to reconcile ideas from opposite ends of the political spectrum. "The analytical egalitarianism project that Peart and Levy have advanced has come to occupy a prominent place in the current agenda of historians of economic thought." ---Ross Emmett, Associate Professor of Economics and Co-Director of the Michigan Center for Innovation and Economic Prosperity, Michigan State University "These essays and dialogs from the Summer Institute would make Adam Smith, economist and moral philosopher, proud." ---J. Daniel Hammond, Hultquist Family Professor of Economics, Wake Forest University With essays by: James M. Buchanan, Alfred Nobel Memorial Prize in Economic Sciences recipient (1985) and Professor Emeritus, George Mason University and Virginia Polytechnic and State University Juan Pablo Couyoumdijian, Universidad del Desearrollo, Chile Tyler Cowen, George Mason University Eric Crampton, University of Canterbury, New Zealand Andrew Farrant, Dickinson College Samuel Hollander, Professor Emeritus, University of Toronto M. Ali Khan, Johns Hopkins University Thomas Leonard, Princeton University Deirdre McCloskey, University of Illinois, Chicago Leonidas Montes, Dean of School of Government, Universidad Adolfo Ibañez, Chile Maria Pia Paganelli, Yeshiva University and New York University Warren J. Samuels, Professor Emeritus, Michigan State University Eric Schliesser, VENI post-doctoral research fellow, Leiden University, and University of Amsterdam Gordon Tullock, George Mason University Sandra J. Peart is Dean of the Jepson School of Leadership Studies, University of Richmond, Virginia. David M. Levy is Professor of Economics at George Mason University (GMU) and Research Associate at the Center for Study of Public Choice at GMU. They are Co-Directors of George Mason University's Summer Institute for the Preservation of the History of Economics.

Author : Josef Wieland
Publisher : Springer
Page : 168 pages
File Size : 44,5 Mb
Release : 2017-01-05
Category : Business & Economics
ISBN : 9783319488028

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Creating Shared Value – Concepts, Experience, Criticism by Josef Wieland Pdf

Over the last years, “Creating Shared Value” has become a much discussed concept in business practice as well as in management theory and especially in the context of corporate social responsibility. This book offers a contribution to the current academic discussions on the well-received article of Michael Porter and Marc Kramer in Harvard Business Review in 2011. In the light of the increasing references to the shared value concept, it develops a critical discussion on its fundamentals and its implications for the relationship between economy and society. By that, the book seeks to shed light on the understanding of the role and the nature of the firm in a globalized economy. The result is a collection of interdisciplinary academic reviews which offer interdisciplinary reflections on “Creating Shared Value” to illuminate theoretical, conceptual and practical challenges of the topic. Within the fields of Business Ethics, Theory of the Firm, Management and Philosophy, researcher, students and practitioners will be given a deeper insight on how to approach to the concept in a conceptional and philosophical way.