Service firms revolutionize competitive advantage, shifting focus to customer satisfaction.
The article discusses how successful firms are often part of clusters within industries, connected through relationships. The authors adapt Porter's model of competitive advantage to focus on service firms, not just manufacturing ones. They argue that service clusters, which provide consumer-oriented services, play a key role in competitiveness. The research shows that in today's global market, many firms are shifting towards being customer-focused service providers, forming strategic partnerships to meet customer needs effectively.