Disruptions Dawn – From steam to silicon

Innovations & References Chapter Disruptive Cost Curve Shifts

  Comprehensive Bibliography: Disruptive Cost Curve Shifts in Five Technology Cycles

   Primary Framework Sources

  Carlota Perez Framework and Technology Cycles 

– Perez, Carlota.  Technological Revolutions and Financial Capital: The Dynamics of Bubbles and Golden Ages . Cheltenham, UK: Edward Elgar Publishing, 2002.

– Perez, Carlota. “Technological Revolutions and Techno-Economic Paradigms.”  Cambridge Journal of Economics  34, no. 1 (2010): 185-202.

– Drechsler, Wolfgang, Rainer Kattel, and Erik S. Reinert, eds.  Techno-Economic Paradigms: Essays in Honour of Carlota Perez . London: Anthem Press, 2009.

  Schumpeterian Economics and Innovation Theory 

– Schumpeter, Joseph A.  The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle . Cambridge, MA: Harvard University Press, 1934.

– Schumpeter, Joseph A.  Business Cycles: A Theoretical, Historical and Statistical Analysis of the Capitalist Process . 2 vols. New York: McGraw-Hill, 1939.

– Schumpeter, Joseph A.  Capitalism, Socialism and Democracy . New York: Harper & Brothers, 1942.

   Cycle 1: Industrial Revolution (1768-1829) – Mechanization Cost Revolution

  Water Frame Technology and Mechanization (1771) 

– Hills, Richard L.  Richard Arkwright and Cotton Spinning . London: Priory Press, 1973.

– Fitton, R.S.  The Arkwrights: Spinners of Fortune . Manchester: Manchester University Press, 1989.

– Chapman, Stanley D.  The Cotton Industry in the Industrial Revolution . 2nd ed. London: Macmillan, 1987.

  Cottage Industry to Factory System Transformation 

– Berg, Maxine.  The Age of Manufactures, 1700-1820: Industry, Innovation and Work in Britain . 2nd ed. London: Routledge, 1994.

– Hudson, Pat.  The Genesis of Industrial Capital: A Study of the West Riding Wool Textile Industry, c.1750-1850 . Cambridge: Cambridge University Press, 1986.

– Timmins, Geoffrey.  The Last Shift: The Decline of Handloom Weaving in Nineteenth-Century Lancashire . Manchester: Manchester University Press, 1993.

  Cost Structure Analysis and Economic Impact 

– Allen, Robert C.  The British Industrial Revolution in Global Perspective . Cambridge: Cambridge University Press, 2009.

– Crafts, N.F.R.  British Economic Growth During the Industrial Revolution . Oxford: Oxford University Press, 1985.

– Mokyr, Joel.  The Lever of Riches: Technological Creativity and Economic Progress . New York: Oxford University Press, 1990.

  Infrastructure and Supply Chain Development 

– Barker, T.C., and Michael Robbins.  A History of London Transport . 2 vols. London: George Allen & Unwin, 1963-1974.

– Turnbull, Gerard.  Traffic and Transport: An Economic History of Pickfords . London: George Allen & Unwin, 1979.

– Ward, J.R.  The Finance of Canal Building in Eighteenth-Century England . Oxford: Oxford University Press, 1974.

   Cycle 2: Steam & Railway Age (1829-1873) – Speed and Scale Economics

  Locomotive Technology and The Rocket (1829) 

– Rolt, L.T.C.  George and Robert Stephenson: The Railway Revolution . London: Longmans, 1960.

– Bailey, Michael R.  Robert Stephenson: The Eminent Engineer . Aldershot: Ashgate, 2003.

– Kirby, Maurice W.  The Origins of Railway Enterprise: The Stockton and Darlington Railway, 1821-1863 . Cambridge: Cambridge University Press, 1993.

  Transportation Cost Analysis and Network Effects 

– Hawke, G.R.  Railways and Economic Growth in England and Wales, 1840-1870 . Oxford: Oxford University Press, 1970.

– Mitchell, B.R. “The Coming of the Railway and United Kingdom Economic Growth.”  Journal of Economic History  24, no. 3 (1964): 315-336.

– Gourvish, T.R.  Railways and the British Economy, 1830-1914 . London: Macmillan, 1980.

  Industrial Transformation and Regional Integration 

– Freeman, Michael J.  Railways and the Victorian Imagination . New Haven: Yale University Press, 1999.

– Simmons, Jack.  The Railway in England and Wales, 1830-1914 . Leicester: Leicester University Press, 1978.

– Bagwell, Philip S.  The Railway Clearing House in the British Economy, 1842-1922 . London: George Allen & Unwin, 1968.

  Financial Innovation and Capital Markets 

– Reed, M.C.  Investment in Railways in Britain, 1820-1844: A Study in the Development of the Capital Market . Oxford: Oxford University Press, 1975.

– Pollins, Harold. “A Note on Railway Constructional Costs, 1825-1850.”  Economica  19, no. 76 (1952): 395-407.

– Cottrell, P.L.  Industrial Finance, 1830-1914: The Finance and Organization of English Manufacturing Industry . London: Methuen, 1980.

   Cycle 3: Steel & Electrical Age (1875-1918) – Material and Energy Revolution

  Bessemer Process and Steel Cost Revolution (1875) 

– McHugh, Jeanne.  Alexander Holley and the Makers of Steel . Baltimore: Johns Hopkins University Press, 1980.

– Hogan, William T.  Economic History of the Iron and Steel Industry in the United States . 5 vols. Lexington, MA: D.C. Heath, 1971.

– Warren, Kenneth.  The American Steel Industry, 1850-1970: A Geographical Interpretation . Oxford: Oxford University Press, 1973.

  Carnegie’s Vertical Integration Strategy 

– Wall, Joseph Frazier.  Andrew Carnegie . New York: Oxford University Press, 1970.

– Livesay, Harold C.  Andrew Carnegie and the Rise of Big Business . Boston: Little, Brown, 1975.

– Bridge, James Howard.  The Inside History of the Carnegie Steel Company . New York: Aldine Book Company, 1903.

  Infrastructure Revolution and Construction 

– Condit, Carl W.  The Chicago School of Architecture: A History of Commercial and Public Building in the Chicago Area, 1875-1925 . Chicago: University of Chicago Press, 1964.

– Landau, Sarah Bradford, and Carl W. Condit.  Rise of the New York Skyscraper, 1865-1913 . New Haven: Yale University Press, 1996.

– Petroski, Henry.  Engineers of Dreams: Great Bridge Builders and the Spanning of America . New York: Knopf, 1995.

  Electrical Systems Integration 

– Passer, Harold C.  The Electrical Manufacturers, 1875-1900 . Cambridge, MA: Harvard University Press, 1953.

– Hughes, Thomas P.  Networks of Power: Electrification in Western Society, 1880-1930 . Baltimore: Johns Hopkins University Press, 1983.

– Nye, David E.  Electrifying America: Social Meanings of a New Technology, 1880-1940 . Cambridge, MA: MIT Press, 1990.

   Cycle 4: Automobile Age (1908-1974) – Mass Production and Consumer Economics

  Ford Assembly Line and Model T (1908) 

– Nevins, Allan, and Frank Ernest Hill.  Ford: The Times, the Man, the Company . New York: Scribner, 1954.

– Hounshell, David A.  From the American System to Mass Production, 1800-1932 . Baltimore: Johns Hopkins University Press, 1984.

– Meyer, Stephen.  The Five Dollar Day: Labor Management and Social Control in the Ford Motor Company, 1908-1921 . Albany: SUNY Press, 1981.

  Mass Production Cost Analysis 

– Chandler, Alfred D., Jr.  The Visible Hand: The Managerial Revolution in American Business . Cambridge, MA: Harvard University Press, 1977.

– Womack, James P., Daniel T. Jones, and Daniel Roos.  The Machine That Changed the World . New York: Rawson Associates, 1990.

– Abernathy, William J.  The Productivity Dilemma: Roadblock to Innovation in the Automobile Industry . Baltimore: Johns Hopkins University Press, 1978.

  Consumer Market Transformation 

– Flink, James J.  The Automobile Age . Cambridge, MA: MIT Press, 1988.

– Rae, John B.  The American Automobile Industry . Boston: Twayne Publishers, 1984.

– Interrante, Joseph. “You Can’t Go to Town in a Bathtub: Automobile Movement and the Reorganization of Rural American Space, 1900-1930.”  Radical History Review  21 (1979): 151-168.

  Supply Chain Integration and Ecosystem Development 

– Helper, Susan. “Strategy and Irreversibility in Supplier Relations: The Case of the U.S. Automobile Industry.”  Business History Review  65, no. 4 (1991): 781-824.

– Rubenstein, James M.  The Changing US Auto Industry: A Geographical Analysis . London: Routledge, 1992.

– White, Lawrence J.  The Automobile Industry Since 1945 . Cambridge, MA: Harvard University Press, 1971.

  Consumer Credit and Financial Innovation 

– Olney, Martha L.  Buy Now, Pay Later: Advertising, Credit, and Consumer Durables in the 1920s . Chapel Hill: University of North Carolina Press, 1991.

– Calder, Lendol Glen.  Financing the American Dream: A Cultural History of Consumer Credit . Princeton: Princeton University Press, 1999.

– Gelpi, Rosa-Maria, and François Julien-Labruyère.  The History of Consumer Credit: Doctrines and Practice . London: Macmillan, 2000.

   Cycle 5: Information Age (1971-Present) – Digital Convergence and Network Economics

  Microprocessor Revolution and Intel 4004 (1971) 

– Mack, Chris.  Fifty Years of Moore’s Law: Insights from Intel’s Co-founder . Philadelphia: SPIE Press, 2015.

– Ceruzzi, Paul E.  A History of Modern Computing . 2nd ed. Cambridge, MA: MIT Press, 2003.

– Bassett, Ross Knox.  To the Digital Age: Research Labs, Start-up Companies, and the Rise of MOS Technology . Baltimore: Johns Hopkins University Press, 2002.

  Personal Computing and Market Democratization 

– Freiberger, Paul, and Michael Swaine.  Fire in the Valley: The Making of the Personal Computer . 2nd ed. New York: McGraw-Hill, 2000.

– Wozniak, Stephen, and Gina Smith.  iWoz: Computer Geek to Cult Icon . New York: W. W. Norton, 2006.

– Moritz, Michael.  Return to the Little Kingdom: Steve Jobs and the Creation of Apple . New York: Overlook Press, 2009.

  Internet and Global Connectivity Revolution 

– Hafner, Katie, and Matthew Lyon.  Where Wizards Stay Up Late: The Origins of the Internet . New York: Simon & Schuster, 1996.

– Abbate, Janet.  Inventing the Internet . Cambridge, MA: MIT Press, 1999.

– Castells, Manuel.  The Internet Galaxy: Reflections on the Internet, Business, and Society . Oxford: Oxford University Press, 2001.

  Software Industry and Scalability Economics 

– Campbell-Kelly, Martin.  From Airline Reservations to Sonic the Hedgehog: A History of the Software Industry . Cambridge, MA: MIT Press, 2003.

– Cusumano, Michael A.  The Software Revolution: Trends, Players, Market Dynamics in Personal Computer Software . Cambridge, MA: MIT Press, 2012.

– Evans, David S., Andrei Hagiu, and Richard Schmalensee.  Invisible Engines: How Software Platforms Drive Innovation and Transform Industries . Cambridge, MA: MIT Press, 2006.

  Mobile Computing and Network Effects 

– Gassée, Jean-Louis.  The Third Apple: Personal Computer and the Cultural Revolution . New York: Harcourt Brace Jovanovich, 1987.

– West, Joel. “How Open Is Open Enough? Melding Proprietary and Open Source Platform Strategies.”  Research Policy  32, no. 7 (2003): 1259-1285.

– Parker, Geoffrey G., Marshall W. Van Alstyne, and Sangeet Paul Choudary.  Platform Revolution: How Networked Markets Are Transforming the Economy and How to Make Them Work for You . New York: W. W. Norton, 2016.

   Cross-Cycle Analysis and Theoretical Framework

  Innovation and Economic Development Theory 

– Freeman, Christopher, and Carlota Perez. “Structural Crises of Adjustment, Business Cycles and Investment Behaviour.” In  Technical Change and Economic Theory , edited by Giovanni Dosi et al., 38-66. London: Pinter Publishers, 1988.

– Nelson, Richard R., and Sidney G. Winter.  An Evolutionary Theory of Economic Change . Cambridge, MA: Harvard University Press, 1982.

– Rosenberg, Nathan.  Inside the Black Box: Technology and Economics . Cambridge: Cambridge University Press, 1982.

  Long-Term Economic Cycles and Technological Change 

– Freeman, Christopher, and Francisco Louçã.  As Time Goes By: From the Industrial Revolutions to the Information Revolution . Oxford: Oxford University Press, 2001.

– Kondratiev, Nikolai D. “The Long Waves in Economic Life.”  Review of Economics and Statistics  17, no. 6 (1935): 105-115.

– Van Duijn, Jacob J.  The Long Wave in Economic Life . London: George Allen & Unwin, 1983.

  Disruptive Innovation Theory 

– Christensen, Clayton M.  The Innovator’s Dilemma: When New Technologies Cause Great Firms to Fail . Boston: Harvard Business School Press, 1997.

– Bower, Joseph L., and Clayton M. Christensen. “Disruptive Technologies: Catching the Wave.”  Harvard Business Review  73, no. 1 (1995): 43-53.

– Henderson, Rebecca M., and Kim B. Clark. “Architectural Innovation: The Reconfiguration of Existing Product Technologies and the Failure of Established Firms.”  Administrative Science Quarterly  35, no. 1 (1990): 9-30.

  Economic History and Technological Transformation 

– David, Paul A. “Clio and the Economics of QWERTY.”  American Economic Review  75, no. 2 (1985): 332-337.

– Arthur, W. Brian.  Increasing Returns and Path Dependence in the Economy . Ann Arbor: University of Michigan Press, 1994.

– Mokyr, Joel.  The Gifts of Athena: Historical Origins of the Knowledge Economy . Princeton: Princeton University Press, 2002.

   Specialized Topics and Methodological Sources

  Network Economics and Platform Theory 

– Katz, Michael L., and Carl Shapiro. “Network Externalities, Competition, and Compatibility.”  American Economic Review  75, no. 3 (1985): 424-440.

– Economides, Nicholas. “The Economics of Networks.”  International Journal of Industrial Organization  14, no. 6 (1996): 673-699.

– Rochet, Jean-Charles, and Jean Tirole. “Platform Competition in Two-Sided Markets.”  Journal of the European Economic Association  1, no. 4 (2003): 990-1029.

  Financial Innovation and Technology Cycles 

– Minsky, Hyman P.  Stabilizing an Unstable Economy . New Haven: Yale University Press, 1986.

– Kindleberger, Charles P., and Robert Z. Aliber.  Manias, Panics and Crashes: A History of Financial Crises . 6th ed. London: Palgrave Macmillan, 2011.

– Galbraith, John Kenneth.  A Short History of Financial Euphoria . New York: Whittle Books, 1990.

  Labor and Social Transformation 

– Polanyi, Karl.  The Great Transformation: The Political and Economic Origins of Our Time . Boston: Beacon Press, 1944.

– Thompson, E.P.  The Making of the English Working Class . London: Victor Gollancz, 1963.

– Bell, Daniel.  The Coming of Post-Industrial Society: A Venture in Social Forecasting . New York: Basic Books, 1973.

   Contemporary Applications and Future Directions

  Artificial Intelligence and Automation 

– Brynjolfsson, Erik, and Andrew McAfee.  The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies . New York: W. W. Norton, 2014.

– Susskind, Richard, and Daniel Susskind.  The Future of the Professions: How Technology Will Transform the Work of Human Experts . Oxford: Oxford University Press, 2015.

– Ford, Martin.  Rise of the Robots: Technology and the Threat of a Jobless Future . New York: Basic Books, 2015.

  Digital Transformation and Platform Economics 

– Zuboff, Shoshana.  The Age of Surveillance Capitalism: The Fight for a Human Future at the New Frontier of Power . New York: PublicAffairs, 2019.

– Srnicek, Nick.  Platform Capitalism . Cambridge: Polity Press, 2017.

– McAfee, Andrew, and Erik Brynjolfsson.  Machine, Platform, Crowd: Harnessing Our Digital Future . New York: W. W. Norton, 2017.

  Biotechnology and Renewable Energy 

– Carlson, Rob.  Biology Is Technology: The Promise, Peril, and New Business of Engineering Life . Cambridge, MA: Harvard University Press, 2010.

– Smil, Vaclav.  Energy Transitions: Global and National Perspectives . 2nd ed. Santa Barbara, CA: Praeger, 2017.

– Rifkin, Jeremy.  The Third Industrial Revolution: How Lateral Power Is Transforming Energy, the Economy, and the World . New York: Palgrave Macmillan, 2011.