Creating Modern Capitalism

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.