Michael Porter developed the Porter Diamond, also known as the Diamond Model, in 1990 in his book "The Competitive Advantage of Nations." The four determinants of Porter's diamond must function as a system rather than individually. It provides the answers to the question “Why is a nation internationally successful in a particular sector?” » (Porter, 1998: 71). Despite the universal application of Porter's diamond model, many critics have argued that the model is flawed. This essay aims to discuss the various criticisms addressed to the diamond network. First, an overview of Porter's Diamond model will be presented. Subsequently, emphasis will be placed on the numerous criticisms addressed to the model. For example, many have criticized the lack of consideration of government influence and the role of chance in the nation. Some also criticize the framework's unsuitability for small economies, while others comment on the framework's lack of historical perspective and, finally, the neglect of national culture in the framework. Porter's Diamond Model The diamond model (Figure 1) describes the "four general attributes of a nation that shape the environment in which local businesses compete and that promote or hinder the creation of competitive advantage" ( Porter, 1998: 71). This helps in understanding the competitive position of a nation in global competition. The four determinants of national advantage are 1) factor conditions, 2) demand conditions, 3) related and supporting industries, and 4) firm strategy, structure, and rivalry. FIGURE 1: Porter's diamond (adapted from Porter, 1990) Factor conditions refer to the factors of production; the inputs needed to compete in any industry, including labor, land, natural resources, capital and infrastructure...... middle of paper ......millan. Redding SG, Competitive Advantage in the Context of Hong Kong, in The Competitive Advantages of Far Eastern Business, edited by Fitzgerald, R. (1994) Porter, M (1990). The competitive advantage of nations. New York: Palgrave Macmillan. Rostow, W. W. (1960). Stages of economic growth. London: Cambridge University Press. Rugman, A.M. and D'Cruz, J.R. (1993). The “double diamond” model of international competitiveness: the Canadian experience. MIR: International Management Review. 33, 17-39. Van den Bosch. F. (1994). Impact of government on the business environment and strategic management. Journal of the General Management. 19 (3), 50-59. Van den Bosch. F, Van Prooijen. A. (1992). The competitive advantage of European nations: the impact of national culture - a missing element in Porter's analysis. European Management Review. 10 (2), 173-77.