National Competitive Advantage and the Irish Government Free Essay

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National Competitive Advantage and the Irish Government

Michael Porter, the ‘father of competitive strategy’, brought us the theory of National Competitive Advantage. With this theory, he reasoned that when the right combinations of determinants exist, a nation will develop a competitive advantage within a particular industry and clustering of indigenous industries will occur. These industries will be linked together and be mutually reinforcing. There have been many supporters and critics of this theory. This report will discuss Porter’s diamond with relation to Ireland and to what extent Porter’s theory is useful to the Irish Government in planning future policies in Ireland to create a sustainable competitive advantage. Porter’s Theory of National Competitive Advantage To gain a co

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