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Innovation's Golden Triangle

Finance, Regulation, and Science at the Bell System, 1877–1940

Bibliographic Data

ID9628971
AuthorsPaul J Miranti (corresponding author)
Year2016
Volume90
Issue2
Pages277-299
Publication date2016-01-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueThe Business History Review (JOURNAL)
Journal identifiersISSN: 0007-6805 • E-ISSN: 2044-768X
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0007680515001373
OpenAlexW2517070038
LanguageEN
References cited10

This article explains how the Bell System succeeded during the presidency of Theodore N. Vail (1907–1919) in reversing a declining business trend by laying the foundations for sustained technological achievement through the development of an operating model that satisfied corporate imperatives related to finance, regulation, and research. By exploiting the potentials of rate-base regulation, Bell was able to create strong scientific capabilities that supported the growth of what became arguably the world's premier telecommunications system. The legacy of these efforts includes the winning of seven Nobel Prizes by Bell scientists, an achievement unequaled by any other industrial laboratory

Economics · Management · Political science · Politics · Presidency · History of Computing Technologies · Law · Research, Science, and Academia · Twentieth Century Scientific Developments

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Citation velocityhistorical
Highly citedNo

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