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Technological Extinctions of Industrial Firms: An Inquiry into their ...

Technological Extinctions of Industrial Firms: An Inquiry into their ...

Table 2 (continued) Year

Table 2 (continued) Year Firm(s) Innovation Transilience Electrical System 1906 Ford Wiring Harness for Electrical System 4 1908 Ford Magneto Integrated into Flywheel 6 1912 Cadillac (GM) Electric Starter 4 Braking 1898 Duryea Internal-Expanding Brakes 4 1922 Duesenberg Four-Wheel Hydraulic Brakes 4 Source: Abernathy et al. [1983, pp. 155-167]

Table 3 Labor Productivity and Capital in the Automobile Industry Number of Automobiles/Wage Value Added/ Earner Wage Earner Capital/Wage Earner 1899 1.66 $1314 1904 1.89 1401 $2,007 1909 1.68 1552 2,624 1914 4.51 2176 3,945 1919 4.90 3320 6,223 1921 7.52 3564 9,909 1923 9.66 3618 6,508 1925 9.80 4108 9,549 1927 9.09 3977 11,073 1929 11.84 4475 1931 8.05 3333 1933 7.60 2660 1935 10.14 2900 1937 9.88 3144 Source: The series on number of automobiles per wage earner and value added per wage earner are from the Census of Manufacturers as reported in FTC [1939, p. 7]. The data on capital per wage earner are from the Census of Manufacturers for 1904-1919 and from Facts and Figures in the Automobile Industry 1921-1927, as reported in Katz [1921, p. 247]

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