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Learning and Technological Change: The Perspective from Business History

In: Learning and Technological Change

Author

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  • Alfred D. Chandler

Abstract

At the core of business history is the firm. There the practices and activities of business are developed, modified and reshaped. There the processes of industrial production, distribution, communication and finance are carried on in modern capitalistic economies. And there much of the learning so central to technological change takes place. To paraphrase Joseph Schumpeter, capitalism has been an engine for technological change and for-profit firms in rivalrous competition are the featured actors in this evolutionary drama (1942, Chapters 6–8). The primary role of the business firm in technological change has been that of the development, not the discovery, of new products and processes.

Suggested Citation

  • Alfred D. Chandler, 1993. "Learning and Technological Change: The Perspective from Business History," Palgrave Macmillan Books, in: Ross Thomson (ed.), Learning and Technological Change, chapter 3, pages 24-39, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-22855-3_3
    DOI: 10.1007/978-1-349-22855-3_3
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    Cited by:

    1. Nilabja Ghosh, 2018. "Book Review: Binoy Goswami, Madhurjya Prasad Bezbaruah and Raju Mandal (eds), Indian Agriculture after the Green Revolution: Changes and Challenges," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 19(1), pages 143-148, March.

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