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Can I read The New Competitive Advantage : The Renewal of American Industry on EtoBox?

The New Competitive Advantage : The Renewal of American Industry by Michael H. Best is a nonfiction available to read on EtoBox.

What is The New Competitive Advantage : The Renewal of American Industry about?

In the 1970s and 1980s, the competitiveness of American economy seemed to be eroded away in the face of Japanese challenge. But all of a sudden, applauded Japan lost its way in the 1990s and by middle of the decade, American industries resurged. This book is one of attempts to explain such dramatic rise and fall, and find the underlying mechanism of industrial success stories. The author demands us to delve into the regional growth dynamics to solve those puzzles. Best attributes the rise and fall of nation economies to the underlying dynamics of local clusters. The unit of analysis in conventional economics is either the economy or the individual (including firm). But such approaches haven't provided acceptable explanations. Michael Porter argues the basic unit of analysis should be the industry, to understand competitiveness and productivity. Actually Michael Porter's conception of competitive advantage, cluster has been widely adopted in 1990s. Competitive advantage of the firm is created and sustained through local competition in its industry, Porter maintains. But local industry is not isolated from other local industries. It's connected to clusters of industries through verti

Who reads The New Competitive Advantage : The Renewal of American Industry?

It is typically read by self-directed learners exploring a subject in depth.

Common subject areas: history, science, philosophy, social sciences.

Author
Michael H. Best
Publisher
Oxford University PressOxford
Published
2001
Language
EN
ISBN
9780198297451
Category
nonfiction
Subjects
Management, Science, Economics

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