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Science and Corporate Strategy

Author

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  • Hounshell,David A.
  • Smith,John Kenly

Abstract

Based on voluminous corporate records and extensive interviews with key employees, Science and Corporate Strategy: Du Pont R and D, 1902–1980 provides a comprehensive, critical study of research and development in a large US corporation. Du Pont was among a handful of US corporations that established formal research and development laboratories at the turn of the century to improve competitive positions in their respective industries. Initially, Du Pont's executives viewed R&D as an important though not central part of the corporations strategy. However the gains made by the company's laboratories soon demonstrated that R&D would be a critical ingredient in the firm's success. The industrial research and development laboratory became a major part of corporate structure; science became a central part of corporate strategy.

Suggested Citation

  • Hounshell,David A. & Smith,John Kenly, 1989. "Science and Corporate Strategy," Cambridge Books, Cambridge University Press, number 9780521327671.
  • Handle: RePEc:cup:cbooks:9780521327671
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    Cited by:

    1. F. Kees Boersma & Marc de Vries, 2008. "Transitions in industrial research: the case of the Philips Natuurkundig Laboratorium (1914-1994)," Business History, Taylor & Francis Journals, vol. 50(4), pages 509-529.
    2. Nicholas Argyres & Luis A. Rios & Brian S. Silverman, 2020. "Organizational change and the dynamics of innovation: Formal R&D structure and intrafirm inventor networks," Strategic Management Journal, Wiley Blackwell, vol. 41(11), pages 2015-2049, November.

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