Dynamics of Industrial Capitalism

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A01=Richard N. Langlois
asset
Author_Richard N. Langlois
Bold Entrepreneur
buffering
Buffering Mechanisms
business history
Category=KCS
Chandlerian Firms
Charismatic Authority
Classical Mass Production
Coordination Technology
corporate evolution
Early Schumpeter
economic organisation theory
economic sociology
economist
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
greatest
hand
LRT
market networks
Marshallian Industrial District
Minimum Efficient Scale
Modular System
multi-unit enterprise
Multi-unit Firm
North American Free Trade Agreement
organisational change in modern economies
PBX
Personal Capitalism
Personal Element
Schumpeter's Theory
schumpeters
Schumpeter’s Theory
Smithian Process
specificity
Swiss Industry
Swiss Watch Industry
Swiss Watchmaking
theory
vanishing
Vanishing Hand
World's Greatest Economist
World's Greatest Lover
worlds
World’s Greatest Economist
World’s Greatest Lover

Product details

  • ISBN 9780415771672
  • Weight: 430g
  • Dimensions: 138 x 216mm
  • Publication Date: 28 Feb 2007
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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Co-winner of the 2006 Schumpeter Prize of the International Joseph A. Schumpeter Society.

This book explains the shift of the organizational landscape away from vertically integrated firms and towards more specialized entities connected by markets and networks. In doing so, it places in a larger theoretical framework the work of Joseph Schumpeter and Alfred Chandler, two of the twentieth century's most important analysts of the modern corporation.

Weaving together business history, economic theory and the history of ideas, Langlois - who won the Newcomen Award in 1992 - sorts through the competing understanding of the rise and (relative) eclipse of the multi-unit enterprise. Rather than rejecting the accounts of Schumpeter and Chandler, he offers his own nuanced and historically grounded account of the rise and success of the corporation and its subsequent unbundling.

Topical and timely, Dynamics of Industrial Capitalism is a useful resource for postgraduates and academics interested in the economics of organization, business history, economic sociology, and the history of economic thought, as well as to the general reader interested in the place of the corporation in the new economy.

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