Thomas K. McCraw
Thomas K. McCraw
Isidor Straus Professor of Business History, Emeritus
| Contact | (617) 495-6364 Send E-Mail |
|---|---|
| Interests | business history, economic institutions, entrepreneurship, political economy, more > |
| Overview | Biography | Publications & Course Materials | Current Research | Areas of Interest |
THOMAS K. McCRAW is the Isidor Straus Professor of Business History, Emeritus at Harvard Business School. Most recently, Professor McCraw has written American Business Since 1920: How It Worked (2009). Another recent book, Prophet of Innovation: Joseph Schumpeter and Creative Destruction (2007), won three international awards: the Hagley Prize for the Best Book on Business History, the Joseph J. Spengler Prize for the Best Book on the History of Economics, and the biennial prize for research on innovation given by the International Joseph A. Schumpeter Society. Prophet of Innovation was also cited as a Best Business Book by both Library Journal and strategy + business, a Best Book on Innovation by Business Week, and a Best Read by The Spectator (London). It will be translated into six languages.
Featured Work
American Business Since 1920: How It Worked
by Thomas K. McCraw, 2009
Since the first appearance of Thomas McCraw's contribution to Harlan Davidson's American History Series in 2000, American business has taken some of the most dramatic, perhaps most incredible, turns in its history.
Far more than an update, this second edition has been carefully revised and reorganized not only to include necessary new coverage but to present more fully and forcefully the book's central argument and major themes, making this new edition even more teachable for instructors and accessible to student readers.
The book provides in-depth analyses of representative companies and the remarkable people who led them. These firms include McDonald's, Procter & Gamble, Boeing, General Motors, and Ford—all of which began as entrepreneurial startups and grew to become big businesses. Their success stories are counterbalanced by a detailed dissection of the monumental failure of RCA, long the world leader in consumer electronics but today all but extinct.