Experimental Capitalism

Discover the intriguing world of innovation with Experimental Capitalism by Steven Klepper, published by Princeton University Press in 2015. This insightful book spans 280 pages and delves into the remarkable journey of American corporations that dominated technological advancements throughout the twentieth century.

Klepper meticulously analyzes six pivotal industries—automobiles, pneumatic tires, television receivers, semiconductors, lasers, and penicillin—to uncover the factors behind their extraordinary successes and challenges. This engaging exploration not only highlights the dynamics of high technology industries but also provides valuable lessons for entrepreneurs and business leaders seeking to understand the essence of innovation.

Whether you are a student of entrepreneurship or a professional in the field, Experimental Capitalism offers a comprehensive look at the interplay between experimentation and capitalism, making it a must-read for anyone interested in the evolution of American industry.