The recent trends toward open economies, global supply chains, and the migration of people and intellectual and financial capital all combine to undermine the concepts of comparative advantage that have traditionally served as the underpinning of what we understand as competitiveness. For example, the design and production of a Ford Taurus or a Toyota Nissan can occur simultaneously in 40 locations around the world with a mix of geographic centers of excellence for components—some different but many the same. Based on these developments, the following questions arise: