It's amazing how much things have changed in the two decades since it was published, but it gives an interesting window into "the way it was" and the way it is "transitioning to be." In the article, he talks about what makes certain nations global players in an industry, while other nations, try as they might, just can't get in the game. In true Porter style, he has some interesting things to say (if not a very engaging way to say them). His points center around this: competition encourages excellence, and communication between companies, competitors, and the marketplace is paramount to innovation.
Makes sense. Yet, in his day, this relied on geographical proximity.
Here's an example of his thoughts:
"Suppliers and end-users located near each other can take advantage of short lines of communication, quick and constant flow of information, and an ongoing exchange of ideas and innovations."
Clearly, you don't have to be located near each other to experience that benefit anymore. The world is our marketplace. Global feedback can be immediate. Online communities offer a marketers pre-established focus groups - ready and willing to give feedback on ideas.
It's really very exciting.
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