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A generalized double diamond approach to the global competitiveness of Korea and Singapore

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  • Chang Moon, H.
  • Rugman, Alan M.
  • Verbeke, Alain

Abstract

Globalization is very important for small economies such as Korea and Singapore. The single diamond model (Porter, 1990, The competitive advantage of nations) suggests some important determinants for a nation's global competitiveness. However, this model is incomplete, mainly because it does not incorporate multinational activities. A new approach, the generalized double diamond model (Moon et al., 1995, in Research in global strategic management: Volume 5: Beyond the diamond) offers some important extensions to Porter's original model. To test the validity of these two models this paper evaluates relevant data for both domestic and international variables in the case of Korea and Singapore. The results generally support the generalized double diamond model

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Bibliographic Info

Article provided by Elsevier in its journal International Business Review.

Volume (Year): 7 (1998)
Issue (Month): 2 (April)
Pages: 135-150

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Handle: RePEc:eee:iburev:v:7:y:1998:i:2:p:135-150

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Keywords: International competitiveness Double diamond Porter's single diamond Korea Singapore Small open economies;

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Cited by:
  1. Cho, Dong-Sung & Moon, Hwy-Chang & Kim, Min-Young, 2008. "Characterizing international competitiveness in international business research: A MASI approach to national competitiveness," Research in International Business and Finance, Elsevier, vol. 22(2), pages 175-192, June.
  2. Philippe Gugler & Serge Brunner, 2007. "FDI Effects on National Competitiveness: A Cluster Approach," International Advances in Economic Research, Springer, vol. 13(3), pages 268-284, August.
  3. Moon, Hwy-Chang & Roehl, Thomas W., 2001. "Unconventional foreign direct investment and the imbalance theory," International Business Review, Elsevier, vol. 10(2), pages 197-215, April.
  4. Gupta, Vipin & Subramanian, Ram, 2008. "Seven perspectives on regional clusters and the case of Grand Rapids office furniture city," International Business Review, Elsevier, vol. 17(4), pages 371-384, August.
  5. Hwy-Chang Moon, 2005. "Investment strategies by foreign automobile firms in China: A comparative study of Volkswagen, Honda, and Hyundai," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 3(2), pages 151-171.
  6. George Ofori, 2003. "Frameworks for analysing international construction," Construction Management and Economics, Taylor & Francis Journals, vol. 21(4), pages 379-391.
  7. Peña-Vinces, Jesús, 2009. "Comparative Analysis Of Competitiveness On The Peruvian And Chilean Economies From A Global View," Journal of Economics, Finance and Administrative Science, Universidad ESAN, vol. 14(27), pages 87-105.
  8. Rugman, Alan M. & Oh, Chang Hoon, 2008. "Korea's multinationals in a regional world," Journal of World Business, Elsevier, vol. 43(1), pages 5-15, January.

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