What is the Porter Diamond model? He was recognized as a model by Diamond Anybody or layman. The diamond model is one of the economic models evoked by Porter in 1990 in the very title "Excessive competition" of this nation, in which he himself published his theory. This theory was founded by Michael Porter and has only been used by some sake industries, where it will become more competitive in a particular place. According to Michael Porter's theory on why particular industries become more competitive in certain locations. This theory is also very impressive in providing competition among consultants in today's industry. Porter also provides this theory. It is very important for the industry which knows that it will increase and become more competitive in these locations. This theory plays an important role in criticizing or being a way for the industry to develop its trade in certain locations. Furthermore, diamond models help to understand the comparison between the position of some industrialized countries in the global competition which is very fast. The Porter Diamond Model has four classified in their models. First, it is a factor of conditions. This factor is very important in the construction industry. Secondly, the conditions of the application. The status of the application is also important to influence the application of both parties. Third, and related supporting industries. Supporting specific sectors also plays an important role in rapidly promoting economic growth. Support from related parties everywhere can help provide ideas that could wake up the industry. This way the industry will be memorable without any hassles. Finally, firm strategy, structure and rivalry. Strategic companies are also important in the implementation of… half of the paper… of developed countries. In both cases, the implementation of these choices requires the development of multinational activities. Multinational activities are also important in explaining Korea's competitiveness. Korea's most important comparative advantage is its human resources which are inexpensive and well-disciplined. However, Korea has recently experienced serious labor problems. Its labor is no longer cheap and controllable. Major wage increases in Korea were given to a newly militant workforce in 1987 and 1990, which increased average earnings in manufacturing by 11.6% in 1987, 19.6% in 1988, 25% in 1989, and by 20.2% in 1990. Korea's wage level is now comparable to that of the United Kingdom, but the quality of its products has not kept pace. Works Cited http://en.wikipedia.org/wiki/Diamond_model.