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Porter's ‘competitive advantage of nations’: An assessment

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  • Robert M. Grant

Abstract

Porter's Competitive Advantage of Nations is an important book which bridges the gap between strategic management and international economics while contributing substantially to both. Porter's analysis of the impact of national environment on international competitive performance demonstrates the potential for the theory of competitive strategy to rescue international economics from its slide into refined irrelevance, while simultaneously broadening the scope of the theory of competitive strategy to encompass both the international dimension and the dynamic context of competition. Nevertheless, the breadth and relevance of Porter's analysis have been achieved at the expense of precision and determinancy. Concepts are often ill defined, theoretical relationships poorly specified, and empirical data chosen selectively and interpreted subjectively.

Suggested Citation

  • Robert M. Grant, 1991. "Porter's ‘competitive advantage of nations’: An assessment," Strategic Management Journal, Wiley Blackwell, vol. 12(7), pages 535-548, October.
    • Handle: RePEc:bla:stratm:v:12:y:1991:i:7:p:535-548
    DOI: 10.1002/smj.4250120706
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    Cited by:

    1. Elena Beleska-Spasova & Sirinuch Loykulnanta & Quyen T. K. Nguyen, 2016. "Firm-specific, national and regional competitive advantages: The case of emerging market MNEs—Thailand," Asian Business & Management, Palgrave Macmillan, vol. 15(4), pages 264-291, September.
    2. Yi-Min Chen, 2008. "How Much Does Country Matter?," International Regional Science Review, , vol. 31(4), pages 404-435, October.
    3. Savićević Marko & Veselinović Petar & Makojević Nikola, 2022. "The Effects of Globalization on the International Competitiveness of the Western Balkan Countries," Economic Themes, Sciendo, vol. 60(4), pages 459-480, December.
    4. Carmen Elena Dorobat, 2015. "A brief history of international trade thought: From pre-doctrinal contributions to the 21st century heterodox international economics," The Journal of Philosophical Economics, Bucharest Academy of Economic Studies, The Journal of Philosophical Economics, vol. 8(2), May.
    5. David Charles & Paul Benneworth, 1999. "Plant Closure and Institutional Modernisation," Local Economy, London South Bank University, vol. 14(3), pages 200-213, November.
    6. Binh Do & Uyen Nguyen & Ninh Nguyen & Lester W. Johnson, 2019. "Exploring the Proactivity Levels and Drivers of Environmental Strategies Adopted by Vietnamese Seafood Export Processing Firms: A Qualitative Approach," Sustainability, MDPI, vol. 11(14), pages 1-22, July.
    7. Aki Tomizawa & Li Zhao & Geneviève Bassellier & David Ahlstrom, 2020. "Economic growth, innovation, institutions, and the Great Enrichment," Asia Pacific Journal of Management, Springer, vol. 37(1), pages 7-31, March.
    8. John Kuada, 2016. "Enterprise Growth and Global Competitiveness - An African Perspective," Research Africa Network Working Papers 16/001, Research Africa Network (RAN).

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