Entrepreneurs, Teams, and Bureaucracy in Post-WWII America

Abstract

This article leans against specialization by cutting across three disciplines to analyze the entrepreneurial function in modern, U.S capitalism. The author blends the basic ideas of Joseph A. Schumpeter (economics), Alfred D. Chandler (history), and Max Weber (sociology), with recent work done by Daniel Kahneman in behavioral economics. Two case studies are used to illustrate how these ideas interact in the study of innovation; one of the case studies focuses on a startup business and the other on a large, well-established, bureaucratic firm.