Michael Porter

  • Michael Porter’s Value Chain Theory

    The representation of procurement in Porter’s value chain came as a recognition of the (strategic) importance that procurement gained as a function inside the firm. Value Chain Model: A tool to analyse firm’s sources of competitive advantage According to Cambridge University, the Value Chain is a model used to define the core competencies and activities that will…

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  • Abstract Plain language summary This study examines how national competitiveness, measured as productivity per worker, is fostered within an economy using a sample of 90 developed and developing economies. We build upon Porter’s popular Diamond Model, but extend it by adding the quality of public governance and extent of multinational enterprise penetration as two additional…

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