The Creative Society -- And the Price Americans Paid for Their Style of Creativity

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Louis Galambos, Professor of U.S. Economic, Business, and Political History, Johns Hopkins University

Professor Galambos has written extensively on U.S. business history, on business-government relations, on the economic aspects of modern institutional development in America, and on the rise of the bureaucratic state. Currently, his research interests include the processes of innovation in public and private organizations. His recent publications include "Networks of Innovation: Vaccine Development at Merck, Sharp & Dohme, and Mulford, 1895-1995" (coauthor), and "Pharmaceutical Firms and the Transition to Biotechnology: A Study in Strategic Innovation," Business History Review (Summer, 1998). Other books and articles include Theodore N. Vail and the Role of Innovation in the Modern Bell System; Competition and Cooperation; The Public Image of Big Business in America; America at Middle Age; The Rise of the Corporate Commonwealth (co-author); and "The U.S. Corporate Economy in the Twentieth Century," which appears in volume 3 of The Cambridge Economic History of the United States.