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20070427 Global is at Ion Council Sweden

20070427 Global is at Ion Council Sweden

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Published by: vishwesh on Mar 29, 2010
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10/25/2011

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Copyright 2007 ©Professor Michael E. PorterSweden Globalization Council 2007 04-17-07.ppt
Competitiveness in the Global Economy:Sweden’s Position
Professor Michael E. PorterDr Christian KetelsInstitute for Strategy and CompetitivenessHarvard Business SchoolGlobalization Council
Stockholm, Sweden 
April 27, 2007
This presentation draws on ideas from Professor Porter’s articles and books, in particular, The Competitive Advantage of Nations(The Free Press,1990), “Building the Microeconomic Foundations of Competitiveness,”in The Global Competitiveness Report 2006(World Economic Forum, 2006),“Clusters and the New Competitive Agenda for Companies and Governments”in On Competition(Harvard Business School Press, 1998), andongoing research on clusters and competitiveness. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in anyform or by any means -electronic, mechanical, photocopying, recording, or otherwise -without the permission of Michael E. Porter.Further information on Professor Porter’s work and the Institute for Strategy and Competitiveness is available atwww.isc.hbs
 
.edu
 
2
Copyright 2007 ©Professor Michael E. PorterSweden Globalization Council 2007 04-17-07.ppt
A Changing Global Competitive Environment
Fewer barriers to trade and investmentRapidly increasing stock and diffusion of knowledgeCompetitiveness upgrading in many countriesGlobalization of marketsGlobalization of value chainsInternationalization of capital, especially portfolio investmentIncreasing knowledge and skill intensity of competitionValue increasingly in the service component of activities
Productivity
increasingly determines successCompetition among nations need
not
be zero-sumEconomic success depends on providing
unique value
, not just meeting best practice benchmarks
DriverMarketreactionImplications
 
3
Copyright 2007 ©Professor Michael E. PorterSweden Globalization Council 2007 04-17-07.ppt
Swedish Competitiveness in 2007
Sweden is one of the
primary beneficiaries
of globalization
HOWEVER
Other countries are catching up, exposing
remaining weaknesses
inSwedish competitivenessRecent policy changes are a move in the
right direction
but they are
not sufficient

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