Home | Original Articles | BLOG | Recommend a Book!

Books > Currently Reading
  

cover


The Competitive Advantage of Nations
By Michael E. Porter
Free Press, 1998 - 896 pages

This 890 page behemoth is a book I am reading slowly but surely (I have only read 50 pages so far) and is not for the timid.  I purchased the book because of my exposure to Mr. Porter’s theories while I was pursuing my MBA at Rice University some years ago.  I am hoping that this book will provide some unique and different ways to look at economic development in nations which is a big interest of mine at this time.

Mr. 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. Michael Porter is a business professor at Harvard University and regarded by economic and business leaders as THE SOURCE on competitive advantage. 

Mr. Porter is a big believer in innovation driving economic growth.  Many of his theories have helped him receive academic awards in economics.  Mr. Porter defines a nation's capacity to innovate is affected by four broad attributes, the "diamond" of national advantage: 1) factor conditions; 2) demand conditions; 3) related and supporting industries; and 4) firm strategy, structure, and rivalry.  
About the Author:

Michael E. Porter is the Bishop William Lawrence University Professor, based at Harvard Business School. A University professorship is the highest professional recognition that can be given to a Harvard faculty member. Professor Porter is the fourth faculty member in Harvard Business School history to earn this distinction, and is one of about 15 current University Professors at Harvard.

Professor Porter is a leading authority on competitive strategy and the competitiveness and economic development of nations, states, and regions. He received a B.S.E. with high honors in aerospace and mechanical engineering from Princeton University in 1969, where he was elected to Phi Beta Kappa and Tau Beta Pi. He received an M.B.A. with high distinction in 1971 from the Harvard Business School, where he was a George F. Baker Scholar, and a Ph.D. in Business Economics from Harvard University in 1973.

Professor Porter's ideas on strategy have now become the foundation for one of the required courses at the Harvard Business School. Professor Porter leads the School's programs for chief executive officers of billion dollar and larger corporations and created a University-wide course on the microeconomics of economic development that is also taught simultaneously in other countries. Professor Porter also speaks widely on competitive strategy and international competitiveness to business and government audiences throughout the world. In 2001, Harvard Business School and Harvard University jointly created the Institute for Strategy and Competitiveness, led by Professor Porter, to further his work.

Professor Porter is the author of 16 books and over 85 articles. His book, Competitive Strategy: Techniques for Analyzing Industries and Competitors, published in 1980, is in its 58th printing and has been translated into seventeen languages. His second major strategy book, Competitive Advantage: Creating and Sustaining Superior Performance, was published in 1985 and is in its 34th printing. His book On Competition (1998) includes eleven articles from the Harvard Business Review as well as two entirely new articles: 'Clusters and Competition' and 'Competing Across Locations'. His Harvard Business Review article 'What is Strategy?' is the foundation for a new strategy book due to be completed early next year. His article 'Strategy and the Internet' (2001) won for Professor Porter an unprecedented third first-place McKinsey Award as the best Harvard Business Reviewarticle of the year.

Professor Porter's 1990 book The Competitive Advantage of Nations, motivated by his appointment by President Ronald Regan in 1983 to the President's Commission on Industrial Competitiveness, launched his second major body of work on competitiveness and economic development. The book developed a new theory of how nations, states, and regions compete and their sources of economic prosperity. This began an extensive body of research on the influence of location on competition, with a special focus on the role of geographically concentrated clusters of related firms, suppliers, service providers, and institutions.  

More Book Reviews

If you liked this book check out the following:

Politicians and economists have been raving about this book since it was published in 2000. 

  cover

An essential book for those looking at economic development and business challenges in the 21st Century.

cover

                        Contact Me! | Tell A Friend About the Site! | Join The Book Club! | Recommend a Book!

                                               Copyright © 2002 BetterBizBooks.com - The Personal Website of Dan Ross