Commercializing High-Technology Industries

Alfred Chandler

Business History Review, 2005, vol. 79, issue 3, 595-604

Abstract: In his article “From Firm to Networked Systems,” Thomas Hughes introduces concepts, such as “infrastructure” and “networking,” that are critical to today's managerial system, but, by focusing on electric utilities, the story he tells does not go beyond the arrival of the new science of electronics in the early twentieth century. Professor Hughes, therefore, does not consider the critical role of high-technology industries–that is, those that commercialized and brought to market new products based on new scientific learning—in exploring the evolution of managerial systems.

Date: 2005
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