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- 2019
- Working Paper
Collusive Investments in Technological Compatibility: Lessons from U.S. Railroads in the Late 19th Century
By: Daniel P. Gross
Collusion is widely condemned for its negative effects on consumer welfare and market efficiency. In this paper, I show that collusion may also in some cases facilitate the creation of unexpected new sources of value. I bring this possibility into focus through the... View Details
Keywords: Collusion; Compatibility; Railroads; Rail Transportation; Standards; Integration; Trade; History; United States
Gross, Daniel P. "Collusive Investments in Technological Compatibility: Lessons from U.S. Railroads in the Late 19th Century." Harvard Business School Working Paper, No. 17-044, December 2016. (Accepted at Management Science.)
- Research Summary
Railroads and the Making of Modern China
My current book project is entitled Railroads and the Making of the Modern China and explores China’s economic and socio-political transformation from the last decades of the empire to the present using railroad infrastructure as a focus. Based on a large... View Details
- January 2014 (Revised May 2014)
- Background Note
Rail Transportation in the United States
By: Rosabeth Moss Kanter and Matthew Guilford
In the 20th century, automobiles and airlines pushed rail into the background as an often-troubled and neglected mode. After a review of the long history of rail in the U.S., this paper examines the situation in the 21st century, including the rail market structure,... View Details
Kanter, Rosabeth Moss, and Matthew Guilford. "Rail Transportation in the United States." Harvard Business School Background Note 314-084, January 2014. (Revised May 2014.)
- June 1991 (Revised June 1993)
- Case
Railroads and the Beginnings of Modern Management (Abridged)
By: Thomas K. McCraw
Consists of three selections by the most innovative of the early American railroad managers describing the organizational structures and control systems they created. Questions to be asked are: why and how such managerial techniques were created, how well they worked,... View Details
Keywords: Business History; Rail Transportation; Organizational Structure; Management Systems; Rail Industry; United States
McCraw, Thomas K. "Railroads and the Beginnings of Modern Management (Abridged)." Harvard Business School Case 391-131, June 1991. (Revised June 1993.)
- January 2019 (Revised February 2020)
- Case
Jay Gould, 'The Most Hated Man in America'
By: Tom Nicholas, John Masko and Matthew G. Preble
Railroad magnate Jay Gould, a controversial figure in the history of U.S. capitalism, was a disruptive influence on an industry that had previously relied on formal and informal agreements to move traffic long distances across lines operated by different companies.... View Details
Keywords: Railroads; Gould; Vanderbilt; Rail Transportation; History; Consolidation; Governing Rules, Regulations, and Reforms; Competition; Strategy; Rail Industry; United States
Nicholas, Tom, John Masko, and Matthew G. Preble. "Jay Gould, 'The Most Hated Man in America'." Harvard Business School Case 819-006, January 2019. (Revised February 2020.)
- August 1983 (Revised March 1995)
- Case
Railroad Problem and the Solution
A vehicle for a discussion of the causes and consequences of the Interstate Commerce Act. View Details
Keywords: Transportation; Rail Transportation; Fluctuation; Outcome or Result; Public Sector; Government and Politics; Business History; Complexity; Problems and Challenges; Rail Industry
Tedlow, Richard S. "Railroad Problem and the Solution." Harvard Business School Case 384-032, August 1983. (Revised March 1995.)
- Web
Research Links: Records of Railroad Companies & Personal Papers - Railroads and the Transformation of Capitalism | Harvard Business School
Business School has vast holdings documenting many aspects of the history of the railroads and growth of big business nationally and internationally. Please contact us for more information. Henry Villard... View Details
- 18 Nov 2002
- Research & Ideas
Enterprising Women—a History
Museum of our National Heritage in Lexington, Massachusetts and to explore the question of how this exhibit changes our understanding of women's roles in American economic history. Virginia G. Drachman, a professor of history at Tufts... View Details
Keywords: by Laura Linard
- Web
Introduction - Railroads and the Transformation of Capitalism | Harvard Business School
organizations that achieved scale only through massive subsidy. Railroads and the Transformation of Capitalism explores the continuing research in the history and role of View Details
- Web
Modern Capitalism: Mergers and Syndicates - Railroads and the Transformation of Capitalism | Harvard Business School
Transcontinental Railroad in the Gilded Age,” The Journal of American History 90, no. 1 (June 2003), p. 23. Henry Adams, The Education of Henry Adams, An Autobiography . Boston: Houghton Mifflin Company,... View Details
- 16 Nov 2009
- Research & Ideas
The Times Captures History of American Business
From the dawn of the U.S. transcontinental railroad in 1869 to the widespread embrace of consumer products like cell phones and iPods in our time, the story of American business is in constant motion, never at rest—or at ease. A new... View Details
- Web
Historical Data Visualization - Business History
Historical Data Visualization To facilitate understanding the history of global capitalism in its broad societal context, this tool provides historical data on broad economic, social and political trends both globally and within the... View Details
- Web
Site Credits - Railroads and the Transformation of Capitalism | Harvard Business School
Railroads Finance Management Business Analysts Mass Distribution Mergers & Syndicates Research Links Railroads & the Transformation of Capitalism Credits: Curator: Melissa Banta HBS Faculty Advisors: Walter... View Details
- Web
Historical Data & Sources - Business History
Download Data Set in Excel IBM: Countries of Operation J. Connolly, History of Computing in Europe, 1967 IBM Annual Reports, various years Directory of American Firms Operating in Foreign Countries , various editions OneSource Map created... View Details
- Web
Research Links: Secondary Sources - Railroads and the Transformation of Capitalism | Harvard Business School
Associations in the United States and Prussia," Business and Economic History , Second Series, vol. 19 (1990): 133-142. - Politics and Industrialization: Early Railroads in the United States and Prussia .... View Details
- Web
American Business History Records | Baker Library
American Business History Records Business Manuscripts Special Collections & Archives holds nearly 1,600 collections of original records that document the growth of American business and the development of business practice from the 17th... View Details
- Web
Poor’s Manual: The Rise of Business Analysts - Railroads and the Transformation of Capitalism | Harvard Business School
profits and losses, tracking pricing, assessing standardized procedures, and improving technology. Henry Varnum Poor, author of A History of the Railroads and Canals of the United States (1860), editor of... View Details
- First Quarter 2013
- Article
Big Data in the Age of the Telegraph
By: Caitlin C. Rosenthal
Daniel McCallum's 1854 organizational chart for the New York and Erie Railroad resembled a tree rather than a pyramid. It empowered frontline managers by clarifying data flows. View Details
Keywords: Big Data; Telegraph; Organizational Charts; History; Data and Data Sets; Business History; Information Technology; Organizational Structure; Rail Industry
Rosenthal, Caitlin C. "Big Data in the Age of the Telegraph." McKinsey Quarterly, no. 1 (First Quarter 2013): 13–18.
- 2015
- Book
MOVE: Putting America's Infrastructure Back in the Lead
Americans are stuck. We live with travel delays on congested roads; shipping delays on clogged railways; and delays on repairs, project approvals, and funding due to gridlocked leadership. These delays affect us all, whether you are a daily commuter, a frequent flyer,... View Details
Keywords: United States; Railroad History; Airlines; Airline Industry; Air Transportation; Passenger Transportation; Cities; Urban Planning; Freighting; Change; Leadership; Public Policy; Change Leadership; Public Finance; Infrastructure; Policy; Technological Innovation; Change Management; Leading Change; Urban Development; Project Finance; Entrepreneurship; City; Transportation; Transportation Industry; Shipping Industry; Rail Industry; Air Transportation Industry; United States
Kanter, Rosabeth M. MOVE: Putting America's Infrastructure Back in the Lead. New York: W. W. Norton & Company, 2015.
- Research Summary
Markets of Progress: Coffee, Commerce, and Community in the Soconusco, Chiapas, 1867-1920
Markets of Progress presents a new holistic story of rural development in Mexico at the turn of the century. In the Soconusco, as in regions throughout the world, the accelerating circulation of commodities and capital, ideas and immigrants reshaped society... View Details
Keywords: Commodities; Coffee; Mexico; Foreign Investment; Institutions; Immigration; Developing Agriculture; Development; Export Crop; Emerging Market; Property Rights; Labor History; History; Capital Markets; Business History; Agriculture and Agribusiness Industry; Latin America; Mexico; Central America