Advanced Search
MyIDEAS: Login to save this article or follow this journal

CEOs, clerks, computers, and the rise of competition in the late 20th century

Contents:

Author Info

  • Leonard Nakamura
Registered author(s):

    Abstract

    Leonard Nakamura suggests that a new era of heightened creative destruction that began in the late 1970s also ushered in a new era of heightened competition. Such intensified competition has made leaders of large industrial enterprises vulnerable to a level of uncertainty previously reserved for managers of small and new firms. Consequently, managerial careers now less often have benign endings. The story was much different during the previous 100 years. From the 1870s to the 1970s, however, the large industrial corporation was highly stable partly because of investments in a corporate structure that centered on a sales and administrative staff. In "CEOs, Clerks, Computers, and the Rise of Competition in the Late 20th Century," Nakamura argues that the electronics revolution of the 1970s sharply reduced the value of this corporate asset and made corporations more susceptible to competition.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.phil.frb.org/files/br/brq304ln.pdf
    Download Restriction: no

    Bibliographic Info

    Article provided by Federal Reserve Bank of Philadelphia in its journal Business Review.

    Volume (Year): (2004)
    Issue (Month): Q3 ()
    Pages: 33-41

    as in new window
    Handle: RePEc:fip:fedpbr:y:2004:i:q3:p:33-41

    Contact details of provider:
    Postal: 10 Independence Mall, Philadelphia, PA 19106-1574
    Web page: http://www.philadelphiafed.org/
    More information through EDIRC

    Order Information:
    Email:
    Web: http://www.phil.frb.org/publicaffairs/pubs/index.html

    Related research

    Keywords: Corporations ; Competition ; Computers;

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:fip:fedpbr:y:2004:i:q3:p:33-41. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Beth Paul).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.