Industrial revolutions and the evolution of the firm’s organization: an historical perspective
Judit Kapás
The aim of this paper is to contribute to a better understanding of the firm through an explanation for its evolution, as part of the co-evolution of social and physical technologies. It is argued that since the emergence of the capitalist firm (factory) in the British Industrial Revolution this co-evolutionary process has brought about two major mutant-forms, namely the M-form which emerged from the beginning of the Second Industrial Revolution and the decentralized-disintegrated organization (project-based form) born in the ICT revolution. This paper analyzes the rise of the succeeding mutant-forms in the co-evolutionary process framework and also highlights the nature of the differences between them.
JEL Codes: D20, O30, P12
Keywords :
firm organization, technological change, evolution, industrial revolution.
• Introduction
• The framework of the historical analysis
• The first phase in the evolution of the firm: the rise of the factory
• The second phase in the evolution of the firm: the rise of the M-form
• The third phase in the evolution of the firm: the emergence of the project-based firm
• Conclusions
• References