Found 38 article(s) for author 'Michael Porter'

Estonia: From Transition to EU Membership

Estonia: From Transition to EU Membership. Michael Porter, June 25, 2013, Case. “The case discusses the economic development of Estonia, focusing on the period regaining independence from the Soviet Union in 1991 to 2007. It tracks the process from the initial transition towards a market economy to becoming an EU member country, and profiles the economy, its key clusters, and the quality of its business environment in 2007 when the first signs of overheating were emerging…” May require purchase or user account. Link verified June 19, 2014

Tags: ,

Why business can be good at solving social problems

Why business can be good at solving social problems. Michael Porter, June 1, 2013, Video. “Why do we turn to nonprofits, NGOs and governments to solve society’s biggest problems? Michael Porter admits he’s biased, as a business school professor, but he wants you to hear his case for letting business try to solve massive problems like climate change and access to water. Why? Because when business solves a problem, it makes a profit — which lets that solution grow.” Link

Tags: ,

The New Carolina Initiative

The New Carolina Initiative. Michael Porter, Jorge Ramirez-Vallejo, January 23, 2013, Case. “The New Carolina Initiative case explores the process of fostering competitiveness in the subnational region, South Carolina, one of the poorest states in the United States. The case has been developed primarily for the use in the course “Microeconomics of Competitiveness”, developing the concept of organizations for competitiveness in a subnational region and the elements of constructing an economic strategy. The case also outlines the adopted cluster vision of development for the state and the various task forces created to upgrade the business environment of the state…“May require purchase or user account. Link

Tags: , , ,

What Washington Must Do Now: An Eight-Point Plan to Restore American Competitiveness

What Washington Must Do Now: An Eight-Point Plan to Restore American Competitiveness. Michael Porter and Jan Rivkin, November 21, 2012, Paper. “The competitiveness of the United States began eroding seriously in the 1990s, the root cause of the disappointing economic and job growth and declining living standards that we see today. America’s success in restoring competitiveness will define the opportunities and economic mobility of American citizens as well as America’s influence in the world for decades to come. Neither presidential campaign fully acknowledged the problem or offered an overall strategy…” Link

Tags: , , , ,

Clusters, Convergence, and Economic Performance

Clusters, Convergence, and Economic Performance. Michael Porter, July 1, 2012, Paper. “This paper evaluates the role of regional cluster composition in the economic performance of industries, clusters and regions. On the one hand, diminishing returns to specialization in a location can result in a convergence effect: the growth rate of an industry within a region may be declining in the level of activity of that industry. At the same time, positive spillovers across complementary economic activities provide an impetus for agglomeration: the growth rate of an industry within a region may be increasing in the size and “strength” (i.e., relative presence) of related economic sectors…Link

Tags: ,

The Determinants of National Competitiveness

The Determinants of National Competitiveness. Michael Porter, Christian Ketels, July 1, 2012, Paper. “We define foundational competitiveness as the expected level of output per working-age individual that is supported by the overall quality of a country as a place to do business. The focus on output per potential worker, a broader measure of national productivity than output per current worker, reflects the dual role of workforce participation and output per worker in determining a nation’s standard of living. Our framework highlights three broad and interrelated drivers of foundational competitiveness: social infrastructure and political institutions, monetary and fiscal policy, and the microeconomic environment…Link

Tags: , , , ,

The Looming Challenge to U.S. Competitiveness

The Looming Challenge to U.S. Competitiveness. Micahel Porter, Jan Rivkin, March 1, 2012, Paper. “The American economy is clearly struggling to recover from a recession of unusual depth and duration, as we are reminded nearly every day. But the United States also faces a less visible but more fundamental challenge: a series of underlying structural changes that could permanently impair America’s ability to maintain, much less raise, the living standards of its citizens. If government and business leaders react only to the downturn and fail to confront America’s deeper challenge, they will revive an economy with weak long-term prospects…” Link

Tags: , , ,

Choosing the United States

Choosing the United States. Michael Porter, Jan Rivkin, March 1, 2012, Opinion. “A location decision is, in many respects, a referendum on a nation’s competitiveness. When a company decides, say, to build a factory with good jobs in China or Poland rather than in the United States, it is effectively voting on the question of which country can best enable its success in the global marketplace. Those votes matter: Each location decision translates into jobs, investments, tax revenues, and economic development. Governments, especially those of the most dynamic countries, compete fiercely for each vote. The question “Where should we locate?” is more prominent in the minds of executives than it has ever been…Link

Tags: , , ,

The Big Idea: How to Solve the Cost Crisis in Health Care

The Big Idea: How to Solve the Cost Crisis in Health Care. Michael Porter, September 2011, Article. “U.S. health care costs currently exceed 17% of GDP and continue to rise. Other countries spend less of their GDP on health care but have the same increasing trend. Explanations are not hard to find. The aging of populations and the development of new treatments are behind some of the increase. Perverse incentives also contribute: Third-party payors (insurance companies and governments) reimburse for procedures performed rather than outcomes achieved, and patients bear little responsibility for the cost…” Link

Tags: , ,

Clusters and Entrepreneurship

Clusters and Entrepreneurship. Michael Porter, September 1, 2010, Paper. “This paper examines the role of regional clusters in regional entrepreneurship. We focus on the distinct influences of convergence and agglomeration on growth in the number of start-up firms as well as in employment in these new firms in a given region-industry. While reversion to the mean and diminishing returns to entrepreneurship at the region-industry level can result in a convergence effect, the presence of complementary economic activity creates externalities that enhance incentives and reduce barriers for new business creation…Link 

Tags: , ,