Technological Innovation and Economic Change in the Iron Industry, 1850-1920: 1st Edition (Hardback) book cover

Technological Innovation and Economic Change in the Iron Industry, 1850-1920

1st Edition

By Robert A. Battis


462 pages

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Paperback: 9781138561182
pub: 2020-02-01
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Originally published in 1989 this study examines some new facets in the development of the iron industry in the USA between 1839 and 1921 through the study of an individaul form, namely the Thoms Iron Company, one of the leading merchant furnace companies. It charts the end of the anthracite iron age and the changes which brought about the advent of open-hearth steel and integrated steel works. The book discusses the problems the managers of the firm faced with the appearance of industrial innovations which tended to undermine their firm's very existence and provided a new set of optimal conditions necessary for the survival of the firm. It provides a clear understanding of the destructive forces of industrial innovation and the place of creative entrepreneurship in the survival of the firm.

Table of Contents

1. Introduction 2. Origins of the Anthracite Pig Iron Industry 3. Early Manufacture of Iron in the Lehigh Valley, 1800-1840 4. Anthracite Iron Production in the Lehigh Valley, 1840-1854 5. Initiation and Organization of the Thomas Iron Company 6. The Age of Anthracite Pig iron, 1855-1875 7. The Thomas Iron Company, 1856-1875 8. Iron to Steel, 1875 - 1919 9. The Growth of Competition, 1876-1893 10. Old Paths 11. The Last Years

About the Author

Robert A. Battis

About the Series

Routledge Library Editions: The Economics and Business of Technology

Originally published between 1967 and 1999 the 50 volumes in this set examine the impact of technology on economics and international business. The volumes:

  • Present a synthesis of business functions and economic analysis and ask what the implications for skills development are and the effect of public policy
  • Report on global companies' experience with computers in company training in such areas as banking, finance, insurance, manufacturing, IT, the retail industry, transport, telecommunications and energy.
  • Look at the way in which some businesses in high technology manufacturing industry have organised their structures and processes in order to manage product innovation effectively.


Learn more…

Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / Economics / General
BUSINESS & ECONOMICS / International / Economics
BUSINESS & ECONOMICS / Economics / Theory