The Sustainable Competitive Advantage and Catching-up of Nations: FDI,Clusters and the Liability (Asset) of Smallness |
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| Authors: | Christos N Pitelis |
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| Affiliation: | (1) Judge Business School, University of Cambridge, Cambridge, UK |
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| Abstract: |
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We explore the role of foreign direct investment and (its relationship to) clusters for the competitiveness (and catching-up)
of small(er) developing countries.
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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.
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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.
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| Keywords: | National Competitiveness FDI Clusters Small Countries Catching-up |
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