Nation Advantages and Firm's Advantages

Diamond Model and Clusters
Knowledge Center

Carole, Msia

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?


Owen, Switzerland


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 compete, but at the same time they will have to build alliances and relationships with cluster members. There are numerous examples where 'coopetition' exists, particularly in India. Technology transfer and market know-how can provide a basis for this approach.

Jonathan Smith
Management Consultant, Australia

An Example of Clustering in Australia

Firms tend to cluster around sets of resources, and this can have a compound effect, as the clusteri...


More on Diamond Model and Clusters:
DIscussion Topics
Success Factors of Economic Clusters
Chance in Diamond Model
Clusters and Knowledge Economy
Diamond Model versus WTO (World Trade Organisation)
China's Labor Cost Advantage
Flower Industry in Kenya
Ugly Side of Nigerian Business
What makes Clusters Start at some Place? How are Clusters Initiated?
The Contribution of Government
Governments' Role in Comparative Advantage
👀Nation Advantages and Firm's Advantages
🔥Effects of Setting up Industry Clusters in a Country
Contribution of Diamond Model to International Research
How to Integrate the Cluster in the Company?
Membership Organisations
Special Interest Group

Do you know a lot about Diamond Model and Clusters? Become our SIG Leader

Diamond Model and Clusters
Knowledge Center

About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2023 12manage - The Executive Fast Track. V16.0 - Last updated: 27-1-2023. All names of their owners.