Shaping the Industrial Century: The Remarkable Story of the Evolution of the Modern Chemical and Pharmaceutical Industries

by Alfred D., Jr. Chandler (Author)

Editorial Reviews

Times Higher Education Supplement : Chandler has written an account of the
industry's turbulent century that is analytical and lucid...Chandler does a
remarkable job of covering the development of two industries that changed the
world in the 20th century. Over the years, I have read several books that depict
the colourful story of individual chemical companies, but here is one that
paints them all on the same canvas.
--John Emsley

Pharmacy in History : One cannot read Shaping the Industrial Century without a
sense that this is a work informed by decades of inquiry into business history
and the rise and fall of companies and industries across the world. The author
moves quite easily and confidently across a wide range of firms to summarize the
key decisions that formed the fate of these businesses...Alfred D. Chandler,
Jr.'s unique perspective helps to broaden the view of the history of the
pharmaceutical industry, and thereby contributes notably to the history of
--John P. Swann

Book Description

The dean of business historians continues his masterful chronicle of the
transforming revolutions of the twentieth century begun in Inventing the
Electronic Century.

Alfred Chandler argues that only with consistent attention to research and
development and an emphasis on long-term corporate strategies could firms remain
successful over time. He details these processes for nearly every major chemical
and pharmaceutical firm, demonstrating why some companies forged ahead while
others failed.

By the end of World War II, the chemical and pharmaceutical industries were
transformed by the commercializing of new learning, the petrochemical and the
antibiotic revolutions. But by the 1970s, chemical science was no longer
providing the new learning necessary to commercialize more products, although
new directions flourished in the pharmaceutical industries. In the 1980s, major
drug companies, including Eli Lilly, Merck, and Schering Plough, commercialized
the first biotechnology products, and as the twenty-first century began, the
infrastructure of this biotechnology revolution was comparable to that of the
second industrial revolution just before World War I and the information
revolution of the 1960s. Shaping the Industrial Century is a major contribution
to our understanding of the most dynamic industries of the modern era.

Product Details

Hardcover: 384 pages
Publisher: Harvard University Press (April 30, 2005)
Language: English
ISBN-10: 067401720X



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