The competitive advantage of nations: the importance of the national environment for strategic management in the EC
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Summary: In this paper we investigate the usefulness for strategic management of Porter's framework of analysis of the competitive advantage of nations in particular regarding the importance of the changing national environment within the EC. It appears that Porter's framework - supplemented with contributions from the Industrial Organization field and with special attention to the growing importance of the service sector and the particular characteristics of services - can indeed contribute to our understanding of the importance of the national environment within the EC for strategic management. However, much research has to be done. In this connection, the paper proposes a few key questions for further research.
- service sector