Nation Advantages and Firm's Advantages

Diamond Model and Clusters > Forum > Nation Advantages and Firm's Advantages

Nation Advantages and Firm's Advantages
How does a firm strategy and structure help to promote the nation advantage against other nations?
I'm being told that when a foreign firm wants to enter a particular country, it has to look if it can take advantage of any present cluster. But, even if the foreign firm enters the nation and joins a cluster already made up by other firms, it's still up to the foreign firm's own strategy and structure (it's own competitive advantage) to succeed in that nation isn't it?...Sign up

Firms have to co-operate and compete at the same time. For this it requires the entering firm to have a clear business plan on how they intend to comp...Sign up

An Example of Clustering in Australia
Jonathan Smith, Management Consultant, Australia, Member
Firms tend to cluster around sets of resources, and this can have a compound effect, as the clustering gains momentum.
For example, in the nor...Sign up

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