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Creating Modern Capitalism - How Entrepreneurs, Companies, and Countries Triumphed in Three Industrial Revolutions (Paperback, New)
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Creating Modern Capitalism - How Entrepreneurs, Companies, and Countries Triumphed in Three Industrial Revolutions (Paperback, New)
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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.
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