Before revision: A graphical representation of Porter's National Diamond Components The six different components of the framework are: Factor endowment Related and supporting industries Demand conditions Strategy, structure, and rivalry Government ChanceFactor conditions (endowments) Factor endowment can be categorized into two forms: "Home-grown" resources/highly specialized resources Natural endowments For example, in analyzing Hollywood's preeminence in film production, Porter has pointed out the local concentration of skilled labor, including the different schools of film (UCLA & USC) in the area.
After revision: A graphical representation of Porter's National Diamond Components The four different components of the framework are: Factor conditions (endowments) Factor endowment can be categorized into two forms: "Home-grown" resources/highly specialized resources Natural endowments For example, in analyzing Hollywood's preeminence in film production, Porter has pointed out the local concentration of skilled labor, including the different schools of film (UCLA & USC) in the area.