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What explains the national economic success of the United States, Britain, Germany, and Japan? What can be learned from the long-term championship performances of leading business firms in each country? How important were specific innovations by individual entrepreneurs? And in the end, what is the true nature of capitalist development? The Pulitzer Prize–winning historian Thomas K. McCraw and his coauthors present penetrating answers to these questions. Creating Modern Capitalism is the first book to explain for a broad audience the interconnections among technological innovation, management science, the power of entrepreneurship, and national economic growth. The authors approach each question from a comparative framework and with a unique triple focus on national economic systems, particular companies, and individual business leaders. Above all, the book focuses on how specific entrepreneurs influenced the economic success of their countries: Josiah Wedgwood and Henry Royce in Britain; August Thyssen and Georg von Siemens in Germany; Henry Ford, Alfred Sloan, and the two Thomas J. Watsons in the United States; Sakichi Toyoda, Masatoshi Ito, and Toshifumi Suzuki in Japan. The product of a three-year collaborative effort at the Harvard Business School, the book combines cutting-edge scholarship with a finely tuned sense of the art of management. It will engage general readers as well as those with a special interest in entrepreneurship and the evolution of national business systems.
- Sales Rank: #139166 in Books
- Brand: Brand: Harvard University Press
- Published on: 1998-01-02
- Released on: 1997-11-21
- Original language: English
- Number of items: 1
- Dimensions: 9.16" h x 1.62" w x 6.88" l, 2.63 pounds
- Binding: Paperback
- 760 pages
- Used Book in Good Condition
Review
Few thinkers have inquired more deeply into the historical roots of big business and big government than Alfred Chandler of the Harvard Business School. Here, his student, a Pulitzer Prize winner, pulls together a variety of great stories into a cohesive whole―from Josiah Wedgwood to the two Watsons of IBM to the saga of 7-Eleven stores in the United States and Japan. (David Warsh Boston Globe)
This is by far the best textbook on comparative business history that has appeared to date, and it will no doubt be seized on eagerly by teachers in the field. (Steven Tolliday Business History)
Creating Modern Capitalism works well in the classroom. The cases raise important issues about the history of global business, and they stimulate students to think about world business today. I intend to continue assigning this book for the foreseeable future. (Mansel G. Blackford Business History Review 2007-04-01)
From the Back Cover
'Creating Modern Capitalism' is the first book to explain for a broad audience the interconnections among technological innovation, management science, the power of entrepreneurship, and national economic growth. The authors approach each question from a comparative framework and with a unique triple focus on national economic systems, particular companies, and individual business leaders.
About the Author
Thomas K. McCraw was Straus Professor of Business History Emeritus at Harvard Business School and winner of the Pulitzer Prize for History.
Most helpful customer reviews
0 of 0 people found the following review helpful.
Decent book
By SASHANTH GADDIPATI
Gives a decent outlook on how the 4 major economies of the world evolved. Would have liked it more if it had paid more detailed attention to time lines and key events.
19 of 24 people found the following review helpful.
Harvard MBA reviews his Professor's Works
By Dear Reader
This is an excellent collection of articles describing people, firms, and nations that succeeded in modern capitlism. Looking a the four most successful economies of the past two centuries: England, US, Germany, and Japan- Prof. McCraw's expertly edited and coherent collection of articles gives the reader a flavor of what made for great success in the capitalist economy. Each country has three articles: a firm, an entrepenure, and the country itself for a total of 12 articles each written by true experts. McCraw's understanding of capitlism is somewhat skewed toward the modern, however on the whole the book is extremely balanced. Of partiuclar note, is Prof. David Moss's article on the Deutch Bank which dicusses the succcess, failures, rewards, and dark side of capitalism.
0 of 0 people found the following review helpful.
Five Stars
By Matt
Great book, fast shipping
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