Institutional Capacity and National Competitive Advantage: the Rise and Stagnation of the Australian Meat Industry

Andrew Griffiths

Industry and Innovation, 1998, vol. 5, issue 2, 181-196

Abstract: This paper develops the argument that a country's institutional arrangements and government policies can squander opportunities for the creation of sustained competitive advantage, by locking a resource-based industry into low-quality, high-volume production. The argument is illustrated with the case of the Australian meat industry, which started with promising prospects, but lacked the institutional arrangements for coordination of firm strategies, and lacked policy guidance to upgrade technologically and to seek new markets, resulting in competitive stagnation and rising levels of foreign ownership.

Date: 1998
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DOI: 10.1080/13662719800000010

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