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Experimental Capitalism examines six key industries - automobiles, pneumatic tires, television receivers, semiconductors, lasers, and penicillin - and tracks the highs and lows of American high-tech capitalism and the resulting innovation landscape. Employing "nanoeconomics" - a deep dive into the formation and functioning of companies - Steven Klepper determines how specific companies emerged to become the undisputed leaders that altered the course of their industrys evolution. Klepper delves into why a small number of firms came to dominate their industries for many years after an initial period of tumult, including General Motors, Firestone, and Intel. A culmination of a lifetime of research and thought, Experimental Capitalism takes a dynamic look at how new ideas and innovations led to Americas economic primacy.