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Essay / Research Paper Abstract
A 6 page paper. The writer explains Porter's Diamond model and Cho and Moon's stage model. The topic is large commercial aircraft, specifically the Boeing 787 and Airbus. The essay uses Porter's model to discuss these projects and how the government had a great impact. Bibliography lists 5 sources.
Page Count:
6 pages (~225 words per page)
File: ME12_PGprtgva.rtf
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Unformatted sample text from the term paper:
years behind. Even so, at this point, the United States is still the dominant nation in terms of producing large commercial aircraft. That status can easily change. Different theorists have
offered different models related to nations gaining a competitive advantage in any industry. Michael Porter is a guru in many different aspects of organizations and economics and most specifically in
gaining a competitive advantage. While his generic models for companies and industries are well known, his model for nations is not discussed as much. Porter identified factors that are
related to nations or regions gaining a competitive advantage. He said there are five primary factors related to this kind of competitive advantage: land, location, natural resources, labor, and the
size of the population (Porter, 2009). These are not factors that can be easily modified. He offered a Diamond Model for nations themselves gaining a competitive advantage. These are identified
as interconnecting and interdependent factors and include: the structure, strategy and rivalry among companies in that industry; the demand conditions, the factor conditions, and the related and supporting industries (Porter,
2009). The government can play a large role by taking certain actions. For instance, they could offer incentives, grants, change regulations or do other things that will enable or disable
the industry. In Porters model the government is viewed as a catalyst to strengthen an industry. Porter also identified innovation-driven and investment-driven factors in the development of a nation
or region (Cho and Moon, 2000). A country that has more investment may have an advantage over another country. The same is true for innovation. But, neither guarantees national dominance
in anything. Cho and Moon (2000) presented a different model. Their stage model states that countries who have "similar characteristics in a certain stage compete with each other" (p. 175).
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