There is enough evidence to support these attributes as explained by Michael Porter.
Switzerland was for instance the first country that started to expense labor shortages. On realizing that the production of watches was adversely affected by labor unrests, Switzerland opted to concentrate on highly innovative and very high-end watches that were not labor intensive and thus gained comparative advantage over the others Despite having very high priced land, Japan still manages to be a global leader even with little capacity to hold stock. Japan has therefore invented the Just In time inventory system that ensures that stock is only available when its needed. This has propelled the country to global leadership ...
