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Creating Modern Capitalism: How Entrepreneurs, Companies, and Countries Triumphed in Three Industrial Revolutions

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3.71 of 5 stars 3.71  ·  rating details  ·  34 ratings  ·  3 reviews
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?
Paperback, 711 pages
Published January 2nd 1998 by Harvard University Press (first published January 1st 1998)
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Draco3seven Crawdady
Apparently this book is used at Harvard business school... as an introduction to capitalism... I give this book two stars, because from an academic standpoint... this book offers a very light analysis at best of the capitalist system of production. For the most part the book emphasis the triumphs of entrepreneurialism... it reminds me of one of the first books I ever read, a home-schooler Christian... American history book ... Back when I first learned how to read!

According to Thomas McCraw capi
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Anna
This is definitely an introductory text, and I can't say that it is going to blow anyone's mind, but the collection of case studies presented are well done and quite interesting. I think the best in the book is on 7-Eleven in Japan. You get a real sense of how 7-Eleven stores fit into the particular legal and social context of the Japanese city, and how the chain created systems to respond to the needs of local stores. Then you get to follow the story of how this Japanese group tried to export s ...more
Hideki Kino
I read this book in a Global Economy course I took in college at JHU. The class was actually based on the principals taught in the book such as Joseph Schumpeter's Fox & the Hedgehog Theory and Second Mover Advantage.

Many great case studies are presented discussing the corporate histories of companies such as Wedgewood, Thyssen, Ford, GM, Rolls Royce, Toyoda, IBM, and 7-Eleven. It is a must-read for those interested in Business History and those aspiring to learn more about Corporate Leaders
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