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Ireland – industrial competitiveness in a small open economy (NIRSA) Working Paper Series. No. 44
Cassidy, John; Barry, Frank; Van Egeraat, Chris
The Irish economy has boomed in recent years based on a strategy of attracting FDI, and has become a model economy particularly for EU accession countries. This chapter sets out to provide a deeper understanding of Ireland’s success in the context of Porter’s Diamond Model of national competitiveness. A number of analyses have been done in Ireland on the relevance of Porter’s Diamond theory to national competitiveness. O’Connell, van Egeraat and Enright (1997) adopted a Porter Diamond analysis in examining clusters in the Irish dairy industry; O’Gorman, O’Malley and Mooney (1997) examined national competitive advantage through clusters in the Irish Software sector; and Clancy, O’Malley, O’Connell and van Egeraat (2001) similarly examined industry clusters in Ireland in relation to the software industry, the dairy industry and the popular music industry. These aforementioned papers summarise the determinants of national competitive advantage à la Porter and provide critiques of Porter’s Diamond theory in the context of Ireland notably in regard to the important role of FDI in the Irish economy.
Keyword(s): Geography; NIRSA-National Institute for Regional and Spatial Analysis; Ireland; Industry; Economy; Foreign direct investment; FDI; Porter’s Diamond Model; Globalisation; ITC Hardware sector; ICT Software sector; Pharmaceutical Sector; NIRSA.
Publication Date:
2009
Type: Report
Peer-Reviewed: No
Institution: Maynooth University
Citation(s): Cassidy, John and Barry, Frank and Van Egeraat, Chris (2009) Ireland – industrial competitiveness in a small open economy (NIRSA) Working Paper Series. No. 44. Working Paper. NIRSA - National Institute for Regional and Spatial Analysis.
Publisher(s): NIRSA - National Institute for Regional and Spatial Analysis
File Format(s): application/pdf
Related Link(s): http://eprints.maynoothuniversity.ie/1383/1/Ireland_Industrial_CompetitivenessWP.pdf
First Indexed: 2014-09-20 05:07:51 Last Updated: 2015-05-21 05:10:44