Question: Different management ideologies can help or harm building national competitive advantage; strong association with persistence of competitive advantage. Basic ones are natural resources, climate, location,
Different management ideologies can help or harm building national competitive advantage; strong association with persistence of competitive advantage.
Basic ones are natural resources, climate, location, and demographics.
Advanced ones include communication infrastructure, skilled labor force, and research facilities.
The presence of these ancillary companies, often suppliers, can help achieve strong competitive positions through their strengths within the same industry.
These can help companies create a competitive advantage, when knowledgeable domestic buyers pressure firms to innovate and create more advanced products.
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