Edison and the Business of Innovation

This book works to cover the evolution of research and development within the American corporation. Borrowing from the understanding of Alfred Chandler it tracks through the machine shops days of free flowing ideas to building up a business based on the innovations developed in R & D. This is not a biography on the life of Edison but it is a biography on his business ventures. While not going into exhausting detail it is possible to see what developed in the Edison labs at the end of the Gilded Age. The companies that survived through the panics and great depressions were those that had their own R & D centers (GE, Westinghouse, RCA, ect). Their efforts at creating a mass production system that could handle all of these new inventions is followed from the stories in this book. The Old Man (Edison) is truly the father of so many inventions that are all chronicled here. The book goes through those that became a success such as generators and phonographs or the ones that became a failure such as the Ore separation business. The drive with which Edison entered all of these businesses was amazing and well worth looking at in further detail. This is a great book for those who just want an overview of the age of innovation.