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From Adam Smith to Michael Porter: Evolu
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by
Dong-Sung Cho, Hwy-Chang Moon, Tong-Song Cho
Traditionally, a nation's international competitiveness has been explained by international trade theories originating from Adam Smith. However, today's global economy is too complicated to be explained by the traditional trade theories. Recently, Michael Porter of the Harvard Business School introduced a new competitiveness theory, the so-called ...
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