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Fathoming Porter's five forces model in the internet era

G.D. Karagiannopoulos (G.D. Karagiannopoulos is at TREK Consulting SA, Athens, Greece)
N. Georgopoulos (Department of Business Administration, University of Piraeus, Piraeus, Greece)
K. Nikolopoulos (Lancaster Centre for Forecasting, Department of Management Science, Lancaster University Management School, Lancaster, UK)

info

ISSN: 1463-6697

Publication date: 1 December 2005

Abstract

Purpose

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To investigate the impact of the internet in “traditional” market rules.

Design/methodology/approach

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An opinion piece based on Michael Porter's arguments for the new economy.

Finding

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Michael Porter's arguments for the new economy provide a useful starting point in the analysis of the environment. His arguments are based on exaggerated phenomena. Factors that determine a sector's profitability could be enriched with the innovation that prevails in the particular sector.

Originality/value

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An attempt to criticize Porter's thoughts regarding internet and industry structure and to enrich the Porter's five forces model with the “power of innovation”.

Keywords

Citation

Karagiannopoulos, G.D., Georgopoulos, N. and Nikolopoulos, K. (2005), "Fathoming Porter's five forces model in the internet era", info, Vol. 7 No. 6, pp. 66-76. https://doi.org/10.1108/14636690510628328

Download as .RIS

Publisher

:

Emerald Group Publishing Limited

Copyright © 2005, Emerald Group Publishing Limited

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