The book features a simple model from M. Porter, which displays how a country's economy can go through various stages - from a simple economy to a more sophisticated one - with increasing demands on institutional set-ups. The three stages are known as:
A) rural economy, simple industry economy, service-based economy
B) factor-driven (primary resources) economy, effective-driven economy, innovation-driven economy
C) agricultural economy, industrial economy, information economy
D) earth economy, capital economy, entrepreneurial economy
E) pre-industrial economy, industrial economy, post-industrial economy
(Se upp så inte frågan ovan kommer samtidigt som denna nedan)

Question

Quizplus · Accepted Answer

M. Porter's model consists of three stages - factor-driven economy, efficiency-driven economy, and innovation-driven economy. These stages reflect the increasing demands on institutional set-ups as a country's economy moves from a simple to a more sophisticated one. The other options (A, C, D, E) are not accurate descriptions of Porter's model.

The Book Features a Simple Model from M