Creating Modern Capitalism
How Entrepreneurs, Companies and Countries Triumphed in Three Industrial Revolutions
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Creating Modern Capitalism by Thomas K. McCraw
Book DescriptionWhat 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 co-authors present answers to these questions. The book explains, 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 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.
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Book DetailsISBN: 9780674175563
(229mm x 178mm x 41mm)
Imprint: Harvard University Press
Publisher: Harvard University Press
Publish Date: 30-Jan-1998
Country of Publication: United States
Books By Author Thomas K. McCraw
Founders and Finance, Paperback (May 2014)
In 1776, the U.S. owed huge sums to foreign creditors and its own citizens but, lacking the power to tax, had no means to repay them. This is the first book to tell the story of how foreign-born financial specialists solved the fiscal crisis and set the nation on a path to long-term economic prosperity.
Prophet of Innovation, Paperback (November 2009)» View all books by Thomas K. McCraw
Drawing on Joseph A Schumpeter's writings, including many intimate diaries and letters, this biography paints the portrait of this magnetic figure who aspired to become one of the world's greatest economist, lover, and horseman - and admitted to failure only with the horses.
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Author Biography - Thomas K. McCraw
Thomas K. McCraw is Straus Professor of Business History Emeritus at Harvard Business School and winner of the Pulitzer Prize for History.
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