Is Porter's Five Forces Framework Still Relevant? A study of the capital/labour intensity continuum via mining and IT industries

Introduction In 1979, Michael E. Porter published a seminal framework about competitive forces, the five forces framework, which quickly became the definitive tool to identify forces driving industry competition (Porter, 1979). The five forces - threat of new entrants, bargaining power of buyers, bargaining power of suppliers, threat of substitute products or services, and