The Chandlerian Corporation and the Theory of Innovative Enterprise
Posted: 26 Apr 2010
Date Written: April 2010
Abstract
Through the synthesis of business history into a coherent and powerful analytical framework, Alfred Chandler made an enduring intellectual contribution to the social sciences. This essay outlines the implications of Chandler’s perspective for the theory of innovative enterprise, embeds that theory in the “social conditions of innovative enterprise” analytical framework, demonstrates the illogic of the neoclassical “monopoly model”, and contends that the analysis of the dynamics and performance of industrial capitalism requires a methodology that integrates theory and history.
Suggested Citation: Suggested Citation
Lazonick, William, The Chandlerian Corporation and the Theory of Innovative Enterprise (April 2010). Industrial and Corporate Change, Vol. 19, Issue 2, pp. 317-349, 2010, Available at SSRN: https://ssrn.com/abstract=1593994 or http://dx.doi.org/dtq005
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