Nation Advantages and Firm's Advantages

Diamond Model and Clusters
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Carole

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
 

Coopetition

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, an (...)

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