The porter diamond is visually represented by a diagram that resembles the four points of a diamond the four points represent four interrelated determinants that porter theorizes as the deciding factors of national comparative economic advantage.
21 porter's diamond model theory porter aimed at establishing a link between the academic literatures in strategic management and international economics in his book “competitive advantage of nations” in 1990 and create a base for developing national policies on competitiveness [1.
Porter's diamond model has four determinants of competitive advantage: demand conditions, factor conditions, presence of supporting industries and company strategies.
To conclude this, in order to understand whether to choose a home or host location porters diamond model should only be an offset of the environmental analysis like it should look into macro, meso and micro level and use analysis like porter’s five forces, cultural analysis etc (hollensen, 2011: 104. This porter diamond model, also known as the porter diamond theory of national advantage or porters double diamond model, has been given this name because all factors that are important in global business competition resemble the points of a diamond. The porter diamond model – analysis of national competitiveness written by maximilian claessens 4th june 2016 the porter diamond model offers an effective way for analysing the national competitiveness.
Learn about when and how to use swot analysis versus porter's five forces learn what sets the analysis tools apart and how each should be applied national diamond is a theory of competitive. Porter not only provides a point of reference for analysing the research but also a model for strategy research analysis with porter's diamond framework: the enabling environment providing the competitiveness only helps the firms to leverage its competitive advantage whose are supporting the activities of the firms. The four points of the diamond the visual representation of the porter diamond template consists of four points that feature the determinants of where the competitiveness of the country can be found on a global scale.
The porters diamond model is a helpful tool for this analysis michael porter introduced a model that allows analyzing why some nations are more competitive than others are, and why some industries within nations are more competitive than others, in his book competitive advantage of nations.
Porter's diamond model shows the four factors that affect the competitiveness of a nation and its industries what is the difference between a swot and a five-forces analysis.