Porter (1980) argues that a nation is more likely to achieve global competitive advantage if the home industry comprises of lots of small firms rather than a few large firms. Porter is therefore arguing that global competitive advantage is more likely with a low degree of

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Porter suggests that a nation achieves global competitive advantage with many small firms, indicating a preference for less horizontal integration, which involves consolidation into fewer large firms.

Porter (1980) Argues That a Nation Is More Likely to Achieve