The sustainable competitive advantage and catching-up of nations: FDI, clusters and the liability (asset) of smallness

Christos N. Pitelis

Research output: Contribution to journalArticle

27 Citations (Scopus)

Abstract

We explore the role of foreign direct investment and (its relationship to) clusters for the competitiveness (and catching-up) of small(er) developing countries. We suggest that while size per se need not matter, small(er) developing countries need to explicitly account for any liabilities of smallness when devising and implementing strategies for competitiveness and catching-up. We claim that international strategic management scholarship can add insights on this important issue, by complementing extant literature and contributions by international trade and economic development scholarship.
Original languageEnglish
Pages (from-to)95-120
Number of pages26
JournalManagement International Review
Volume49
Issue number1
DOIs
Publication statusPublished - 1 Feb 2009

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