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Description - Creating Modern Capitalism by Thomas K. McCraw

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 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 Details

ISBN: 9780674175563
ISBN-10: 0674175565
Format: Paperback
(229mm x 178mm x mm)
Pages: 760
Imprint: Harvard University Press
Publisher: Harvard University Press
Publish Date: 2-Jan-1998
Country of Publication: United States

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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.

Books By Thomas K. McCraw

Founders and Finance by Thomas K. McCraw
Paperback, May 2014
Prophet of Innovation by Thomas K. McCraw
Paperback, November 2009