Industry Profitability is a financial performance construct that denotes the aggregate earning capacity of firms within a specific industrial sector, distinguished by its focus on systemic, structural, and competitive factors shaping returns across the value chain.
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The five competitive forces that shape strategy.
Michael E. Porter · PubMed · 2008 · 2.7K citations
HOW MUCH DOES INDUSTRY MATTER, REALLY?
Anita M. McGahan, Michael E. Porter · Strategic Management Journal · 1997 · 1.4K citations
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National Bureau of Economic Research
Cambridge, United States
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New York, United States
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Athens University of Economics and Business
Athens, Greece
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Columbia University
New York, United States
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606 citations
University of Bath
Bath, United Kingdom
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Leuphana University of Lüneburg
Lüneburg, Germany
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Durham, United States
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