1. Michael Porter (Economist)

Michael Porter is a renowned economist known for his work on competitive strategy and economic development. He introduced key concepts like the "Five Forces" framework, which analyzes industry competitiveness, and the value chain, which helps businesses identify their strengths and weaknesses. Porter's theories emphasize how companies can achieve a competitive advantage through strategy and innovation. He also focuses on the importance of economic clusters, where businesses and institutions work together in specific regions to boost productivity and growth. His insights are widely used in business strategy and management practices worldwide.