Shaping the industrial century : the remarkable story of the evolution of the modern chemical and pharmaceutical industries

The dean of business historians continues his masterful chronicle of the transforming revolutions of the twentieth century begun in Inventing the Electronic Century. Alfred Chandler argues that only with consistent attention to research and development and an emphasis on long-term corporate strategi...

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1. Verfasser: Chandler, Alfred Dupont
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Sprache:Englisch
Veröffentlicht: Cambridge Harvard University Press 2005
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Schriftenreihe:Harvard Studies in Business History
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ISBN:9780674017207, 067401720X, 9780674029378, 0674029372, 9780674032217, 0674032217
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Abstract The dean of business historians continues his masterful chronicle of the transforming revolutions of the twentieth century begun in Inventing the Electronic Century. Alfred Chandler argues that only with consistent attention to research and development and an emphasis on long-term corporate strategies could firms remain successful over time. He details these processes for nearly every major chemical and pharmaceutical firm, demonstrating why some companies forged ahead while others failed. By the end of World War II, the chemical and pharmaceutical industries were transformed by the commercializing of new learning, the petrochemical and the antibiotic revolutions. But by the 1970s, chemical science was no longer providing the new learning necessary to commercialize more products, although new directions flourished in the pharmaceutical industries. In the 1980s, major drug companies, including Eli Lilly, Merck, and Schering Plough, commercialized the first biotechnology products, and as the twenty-first century began, the infrastructure of this biotechnology revolution was comparable to that of the second industrial revolution just before World War I and the information revolution of the 1960s. Shaping the Industrial Century is a major contribution to our understanding of the most dynamic industries of the modern era.
AbstractList Chandler argues that only with consistent attention to research and development and an emphasis on long-term corporate strategies could firms remain successful over time. He details these processes for nearly every major chemical and pharmaceutical firm, demonstrating why some companies forged ahead while others failed.
The dean of business historians continues his masterful chronicle of the transforming revolutions of the twentieth century begun in Inventing the Electronic Century. Alfred Chandler argues that only with consistent attention to research and development and an emphasis on long-term corporate strategies could firms remain successful over time. He details these processes for nearly every major chemical and pharmaceutical firm, demonstrating why some companies forged ahead while others failed. By the end of World War II, the chemical and pharmaceutical industries were transformed by the commercializing of new learning, the petrochemical and the antibiotic revolutions. But by the 1970s, chemical science was no longer providing the new learning necessary to commercialize more products, although new directions flourished in the pharmaceutical industries. In the 1980s, major drug companies, including Eli Lilly, Merck, and Schering Plough, commercialized the first biotechnology products, and as the twenty-first century began, the infrastructure of this biotechnology revolution was comparable to that of the second industrial revolution just before World War I and the information revolution of the 1960s. Shaping the Industrial Century is a major contribution to our understanding of the most dynamic industries of the modern era.
The dean of business historians continues his masterful chronicle of the transforming revolutions of the twentieth century. He argues that only with consistent attention to research and development and an emphasis on long-term corporate strategies could firms remain successful over time. He details these processes for nearly every major chemical and pharmaceutical firm, demonstrating why some companies forged ahead while others failed.
Author Chandler Jr., Alfred DuPont
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Snippet The dean of business historians continues his masterful chronicle of the transforming revolutions of the twentieth century begun in Inventing the Electronic...
Chandler argues that only with consistent attention to research and development and an emphasis on long-term corporate strategies could firms remain successful...
The dean of business historians continues his masterful chronicle of the transforming revolutions of the twentieth century. He argues that only with consistent...
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SubjectTerms Biotechnology industries
Biotechnology industries -- United States
BUSINESS
BUSINESS & ECONOMICS
BUSINESS & ECONOMICS / Economic History
Business history
Chemical industry
Chemical industry -- Europe -- History
Chemical industry -- United States -- History
Europe
HISTORY / Ancient / Rome
HISTORY / Modern / General
Industrial history
Pharmaceutical industry
Pharmaceutical industry -- Europe -- History
Pharmaceutical industry -- United States -- History
U.S.A
TableOfContents Intro -- Contents -- Preface -- Acknowledgments -- I. Overview -- 1. Differences, Concepts, Themes, and Approach -- 2. Evolving Paths of Learning -- II. The Chemical Industry -- 3. The Major American Companies -- 4. The Focused American Companies -- 5. The European Competitors -- 6. The American Competitors -- III. The Pharmaceutical Industry -- 7. The American Companies: The Prescription Path -- 8. The American Companies: The Over-the-Counter Path -- 9. The American and European Competitors -- 10. Commercializing Biotechnology -- IV. Paths of Learning -- 11. The Three Revolutions: Industrial, Information, and Biotechnology -- Notes -- Index
PART II. The Chemical Industry
NOTES INDEX --
Index
-
PART III. The Pharmaceutical Industry
/
PART IV. Paths of Learning
Contents
Acknowledgments
PART I. Overview
Frontmatter --
Preface
Notes
Title Shaping the industrial century : the remarkable story of the evolution of the modern chemical and pharmaceutical industries
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