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Competition, Competitive Advantage, and Clusters - The Ideas of Michael Porter (Hardcover)
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Competition, Competitive Advantage, and Clusters - The Ideas of Michael Porter (Hardcover)
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Harvard professor Michael Porter has been one of the most
influential figures in strategic management research over the last
three decades. He infused a rigorous theoretical framework of
industrial organization economics with the then still embryonic
field of strategic management and elevated it to its current status
as an academic discipline. Porter's outstanding career is also
characterized by its cross-disciplinary nature. Following his most
important work on strategic management, he then made a leap to the
policy side and dealt with a completely different set of analytical
units. More recently he has made a foray into inner city
development, environmental regulations, and health care services.
Throughout these explorations Porter has maintained his integrative
approach, seeking a road that links management case studies and the
general model building of mainstream economics.
With expert contributors from a range of disciplines including
strategic management, economic development, economic geography, and
planning, this book assesses the contribution Michael Porter has
made to these respective disciplines. It clarifies the sources of
tension and controversy relating to all the major strands of
Porter's work, and provides academics, students, and practitioners
with a critical guide for the application of Porter's models. The
book highlights that while many of the criticisms of Porter's ideas
are valid, they are almost an inevitable outcome for a scholar who
has sought to build bridges across wide disciplinary valleys. His
work has provided others with a set of frameworks to explore in
more depth the nature of competition, competitive advantage, and
clusters from a range of vantage points.
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