Found 48 article(s) for author 'Michael Porter'

Vietnam: Sustaining the Growth of an Asian Tiger

Vietnam: Sustaining the Growth of an Asian Tiger. Michael E. Porter, Christian H.M. Ketels, January 2013, Case. “The case tracks Vietnam’s economic policy choices and performance from the end of the Vietnam war to the Doi Moi economic reforms and the economic transformation that followed. Throughout this period, the country had become a darling of the international aid community. As the country was preparing for the 2011 Party Congress, however, signs of growing economic frictions were becoming increasingly visible…” May require purchase or user account. Link Verified October 12, 2014

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The Basque Country: Strategy for Economic Development

The Basque Country: Strategy for Economic Development. Michael E. Porter, Christian H.M. Ketels, January 2013, Case. “The Basque country, with a population of 2.1 million and covering 7,233 square kilometers, is an autonomous region located in the north of Spain, physically separated from it by the Pyrenees Mountains. Presents the history of the region—highly prosperous at the turn of the 20th century, but nearing bankruptcy by the 1950s. By 2001, the Basque GDP per capita had risen to a level well ahead of Spain and most European countries…” May require purchase or user account. Link Verified October 12, 2014

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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

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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

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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

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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

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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

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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

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Creating Shared Value

Creating Shared Value. Michael Porter, January, 1, 2011, Paper. “The capitalist system is under siege. In recent years business increasingly has been viewed as a major cause of social, environmental, and economic problems. Companies are widely perceived to be prospering at the expense of the broader community. Even worse, the more business has begun to embrace corporate responsibility, the more it has been blamed for society’s failures. The legitimacy of business has fallen to levels not seen in recent history. This diminished trust in business leads political leaders to set policies that undermine competitiveness and sap economic growth. Business is caught in a vicious circle…” Link

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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 

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