Author Description

With Foreword by 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: Theory Traditional Model: Debate New Model: Theory New Model: Debate Michael Porter and Theoretical Extensions: Extended Model (1): The Generalized Double Diamond Model Extended Model (2): The Nine-Factor Model Extended Model (3): Double Diamond-Based Nine-Factor Model Methodology for National Competitiveness Analysis Michael Porter and Practical Extensions: Application: Firm Level Application: Industry Level Application: National Level Application: Other Areas Readership: Business strategy and international business courses for graduate and upper-division undergraduate levels. Policymakers and corporate managers.