Assessing national renewable energy competitiveness of the G20: A revised Porter's Diamond Model

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• A literature review demonstrates that competitiveness may be defined in a variety of ways for different purposes. With respect to industrial competitiveness, it is necessary to understand the concept with the aid of the competitive advantage theory. Porter's book, The Competitive Advantage of Nations, has led to a shift of focus from individual firms and industries to a nation-wide scope, containing numerous firms and industries [16], thereby providing a new paradigm for international competitiveness analysis.

• In his book, “The Competitive Advantage of Nations,” Porter defines industrial competitiveness as “Under the condition of international free trade, the capacity that a particular industry of a country provides more products that meet customers’ needs and reaps sustainable profits with its higher productivity”