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There is, in effect, an abundance of available information on the firm. , Curry and Kenney 1999; Kenney and Curry 2000a; Kraemer, Dedrick, and Yamashiro 1999; Albers 2000; Kraemer and Dedrick 2001). With the exception of the study by Toni Lynn Albers, who worked as an intern at Dell, these works reveal limited access to sources inside the company. As a consequence, much remains unknown about the specific mechanisms of Dell’s logistics-oriented organization. The present study overcomes this gap.

With its modest beginnings and meteoric rise within the PC ranks, Dell has generated a type of modern business folklore. As a consequence, the company has garnered a large following in the business and trade press during the past five years. CEO Michael Dell added to his firm’s reputation with his own book about Dell and the business model he created (Dell and Fredman 1999). A plethora of how-to books on “business the Dell way,” mostly repeating insights from Dell’s own book, have followed (Saunders 2000).

Nobody can hope to understand economic phenomena, he argues, without “an adequate command of historical facts and an adequate amount of historical sense or of what may be described as historical experience” (Schumpeter 1954, 12). It was this integration of history that distinguished Schumpeter’s approach to innovation and economic development. Schumpeter, however, was not the first to embrace history as the foundation for understanding the economy. 30 A Synthesis schumpeter and the legacy of marx While Schumpeter’s work on innovation is highly original, it derives much of its influence from Karl Marx.

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10 Rules For Success In Small Business And Entrepreneurship

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