Cover: Creating Modern Capitalism in PAPERBACK

Creating Modern Capitalism

How Entrepreneurs, Companies, and Countries Triumphed in Three Industrial Revolutions

Add to Cart

Product Details

PAPERBACK

$56.50 • £45.95 • €51.00

ISBN 9780674175563

Publication Date: 01/02/1998

Short

760 pages

36 halftones, 27 line illustrations, 6 maps, 90 tables

World

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.

Recent News

From Our Blog

Jacket, What Remains: Bringing America’s Missing Home from the Vietnam War, by Sarah Wagner, from Harvard University Press

Remembering Our Veterans during a Pandemic

Social distancing will make this Memorial Day quite different from what we are used to. Sarah Wagner, author of What Remains: Bringing America’s Missing Home from the Vietnam War, shows the way she’s chosen to remember and honor veterans during these challenging times. Dispatch from DC: Memorial Day weekend in the nation’s capital will be different this year. No motorcycles rumbling around the Nati

‘manifold glories of classical Greek and Latin’

The digital Loeb Classical Library (loebclassics.com) extends the founding mission of James Loeb with an interconnected, fully searchable, perpetually growing virtual library of all that is important in Greek and Latin literature.