Abstract

https://ssrn.com/abstract=790264
 


 



Ernst Abbe's Scientific Management: Theoretical Insights from a Nineteenth-Century Dynamic Capabilities Approach


Guido Buenstorf


University of Kassel - Economics; University of Kassel - International Centre for Research on Higher Education; Göteborg University

Johann Peter Murmann


UNSW Australia Business School - AGSM

June 5, 2003

Papers on Economics and Evolution # 0312

Abstract:     
Scientific management is the label Frederick Taylor attached to the system of shop-floor management devised by him. In this article we present our discovery of very different scientific management principles that, roughly concurrently with Taylorism, were developed by German physicist-turned-manager Ernst Abbe and that are codified in the statutes of the Carl Zeiss Foundation created by Abbe. They exhibit striking parallels to resource and capability-based theories of the firm, and indicate managerial challenges that warrant further theoretical elaboration. Abbe develops an account for managing a science-based firm and securing its long-term competitiveness, giving detailed prescriptions with regard to the type and scope of a firm's activities, its organizational set-up and its labor relations. We highlight some of the most characteristic features of Abbe's thought, discuss its effects on the development of the firms owned by the Zeiss Foundation, and compare it to and draw out implications for present-day management theory.

Keywords: Resource-Based Theory of the Firm, Dynamic Capabilities, Scientific Management, Sustainable Competitiveness, Corporate Governance

JEL Classification: B19, J50, L20, M10


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Date posted: July 28, 2008  

Suggested Citation

Buenstorf, Guido and Murmann, Johann Peter, Ernst Abbe's Scientific Management: Theoretical Insights from a Nineteenth-Century Dynamic Capabilities Approach (June 5, 2003). Papers on Economics and Evolution # 0312. Available at SSRN: https://ssrn.com/abstract=790264

Contact Information

Guido Buenstorf
University of Kassel - Economics ( email )
Nora-Platiel Str. 4
34109 Kassel
Germany
University of Kassel - International Centre for Research on Higher Education ( email )
D-34109, Kassel
Germany
Göteborg University ( email )
Viktoriagatan 30
Goeteborg, 405 30
Sweden
Johann Peter Murmann (Contact Author)
UNSW Australia Business School - AGSM ( email )
UNSW Sydney, NSW 2052
Australia
+61-2-9385-9733 (Phone)
HOME PAGE: http://professor-murmann.net

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