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International Competitiveness and Technological Change$
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Marcela Miozzo and Vivien Walsh

Print publication date: 2006

Print ISBN-13: 9780199259236

Published to Oxford Scholarship Online: May 2007

DOI: 10.1093/acprof:oso/9780199259236.001.0001

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Organizations and Technology in Proprietary and Managerial Capitalism

Organizations and Technology in Proprietary and Managerial Capitalism

Chapter:
(p.63) 3 Organizations and Technology in Proprietary and Managerial Capitalism
Source:
International Competitiveness and Technological Change
Author(s):

Marcela Miozzo (Contributor Webpage)

Vivien Walsh (Contributor Webpage)

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199259236.003.0003

This chapter focuses on 19th century institutions that enabled Britain to become a leading industrial economy (proprietary capitalism), but which impeded the adoption of technological and organizational innovations in the 20th century. It also describes consolidations of new institutions in the US and Germany (managerial capitalism) in the early 20th century, which led to important leaps in productivity and competitiveness. These institutions are part of the rise of the modern corporation and the managerial coordination of mass distribution and production.

Keywords:   institutions, UK, US, innovation, corporation, managerial coordination, mass distribution

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