Globaloney?
? "The Competitive Advantage of Nations" Michael E. Porter, in Harvard BusinessReview (March-April 1990), Boston, Mass.
"In a world of increasingly global compe- tition, nations have become more, not less important."
That's right, insists Porter, a professor at the Harvard Business School, more impor-tant. Prevailing wisdom in corporate America tends toward the opposite con- clusion: Moving factories to countries with the lowest wages and interest rates, as well as strategic m...