Organizational Innovations and Economic Growth Organosis and Growth of Firms, Sectors, and Countries

'With this book, Elias Sanidas makes a timely and useful contribution to our understanding of the relationship between organisational innovation and economic growth. There has been widespread recognition of the importance of organisational innovations among scholars of economic history and growth economics, among others. However, there have been only partial efforts made to investigate systematically how, and to what extent, organisational innovations have actually contributed to growth. Here, Elias Sanidas provides a much stronger evidential basis for arguments concerning the contributions of organisational innovations to economic growth than has been generally available in the economic research literature. In addition, he elaborates an original and provocative theoretical perspective.' - Leif Hommen, Lund University, Sweden Organizational innovations have, until now, taken second place to technical innovations in explaining sectoral and economic growth. This book redresses this imbalance by showing the long-run importance of organizational innovations, such as the just-in-time practice and lean production systems, in economic growth and development. Analyzing the USA and Japan from the late 19th century to the present day, the book provides an accessible synthesis of economics, management and econometrics to calculate the impact of various organizational innovations on economic growth. The author concludes that organizational innovations make essential contributions to sustained economic growth and that this should be reflected in economic policy both at the firm and the national level.