How Capital Markets Have Changed Competitive Behavior

M. S. S. Namaki

Chapter 2 in Strategic Thinking for Turbulent Times, 2014, pp 29-34 from Palgrave Macmillan

Abstract: Abstract Michael Porter’s competitive strategy model, the five forces, has been with us for years. It gained recognition and became an industry standard. The logical framework, with suppliers and buyers, as well as entrants and substitutes constituting a multiple of competitive forces, scored points. Yet the model was introduced in the mid-1980s, a near three decades ago—a very different era in terms of capital and finance. This will be the focus of this chapter.

Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-41400-7_3

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DOI: 10.1057/9781137414007_3

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