Drawing upon the new trade theory and Porters theory of national competitive advantage, outline the case for
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Drawing upon the new trade theory and Porter’s theory of national competitive advantage, outline the case for government policies that would build national competitive advantage in biotechnology. What kinds of policies would you recommend that the government adopt? Are these policies at variance with the basic free trade philosophy?
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Porters theory of national competitive advantage argues that four broad attributes of a nation shape ...View the full answer
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