Session 8Competitive strategy under informationeconomy
Session 8 Competitive strategy under information economy
What is your choice? Shoes, bags, and other leather products?Perfume, cosmetic?Cars,vehicles?
What is your choice? • Shoes, bags, and other leather products? • Perfume, cosmetic? • Cars, vehicles?
What is your impression? Why UsA is the No.1 country in economy?Which industries are most competitive comparedwith other countries?Why Japan is theNo.2country in economy?Which industries are most competitive comparedwith other countries?
What is your impression? • Why USA is the No.1 country in economy? Which industries are most competitive compared with other countries? • Why Japan is the No.2 country in economy? Which industries are most competitive compared with other countries?
Sources of competitive advantage ofnationsMichael Porter:the competitiveadvantageofa nationcomesfromits industrial capabilityto innovateand upgrade,that is,theindustrialcompetitivenessIntheprocessofglobalization,theindustrialcompetitivenessismoreandmoreimportantWheredosetheindustrial competitivenesscomefrom?Thecompetitivenessofthecompaniesincertainindustry
Sources of competitive advantage of nations • Michael Porter: the competitive advantage of a nation comes from its industrial capability to innovate and upgrade, that is, the industrial competitiveness • In the process of globalization, the industrial competitiveness is more and more important • Where dose the industrial competitiveness come from? • The competitiveness of the companies in certain industry
Productivity and the businessenvironmentDiamond ModelContextforfirmstrategy andrivalryFactorDemand(input)conditionsconditionsRelated andSupportingindustries
Productivity and the business environment • Diamond Model Context for firm strategy and rivalry Related and Supporting industries Demand conditions Factor (input) conditions