Article ID: CBB461199203

High-speed rail and barriers to innovation: The Budd Company and the limits of US indirect industrial policy in the 1960s and 1970s (June 2022)

unapi

Jonathan Michael Feldman (Author)


The Journal of Transport History
Volume: 43
Issue: 1
Pages: 54-81


Publication Date: June 2022
Edition Details: Issue Theme: Contributions to the post-World War II History of High-Speed Ground Transport in the United States
Language: English

This study examines the Metroliner passenger rail trains manufactured by the Budd Company in the 1960s and 1970s. I show that while transportation companies and the government facilitated the development of a high(er) speed rail line and trains, this procurement process was not sufficient for sustaining Budd as a national rail producer. This case study is based on government documents, interviews, news reports, published studies and archival work. The limits to the Metroliner program as industrial policy were based on: (a) company innovative lags; (b) weakness in Budd's industrial profile and endogenous capacities; (c) failures in systems integration and (d) the contradictions of an indirect industrial policy, where companies gain capacities from the state indirectly or insufficiently.

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Associated with

Article James Cohen (June 2022) Contributions to the post-World War II History of High-Speed Ground Transport in the United States. The Journal of Transport History (pp. 3-10). unapi

Citation URI
https://data.isiscb.org/isis/citation/CBB461199203/

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Authors & Contributors
James K Cohen
Albalate, Daniel
Jonathan English
Holland, Kevin J.
Jason Shron
Solomon, Brian
Concepts
Railroads
Land transportation
Public policy
High speed trains
Technological innovation
Passenger trains
Time Periods
20th century
21st century
20th century, late
19th century
Places
United States
Japan
Canada
Institutions
Amtrak
New Deal (1933-1939)
General Motors Corporation. Electro-Motive Division
Delaware, Lackawanna and Western Railroad Company
Pennsylvania Railroad
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