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Design rules: past and future

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  • Carliss Y

Abstract

It is a great honor to have a special issue of Industrial and Corporate Change dedicated to The Power of Modularity Today: 20 Years of “Design Rules.” In this retrospective article, I will give some background on how Design Rules, Volume 1: The Power of Modularity came to be written and list what I believe were its major contributions. I go on to describe the book’s shortcomings and gaps, which prevented the widespread adoption of the tools and methods the book proposed. I then explain how the perception of the gaps influenced my thinking in Design Rules, Volume 2: How Technology Shapes Organizations.

Suggested Citation

  • Carliss Y, 2023. "Design rules: past and future," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 32(1), pages 11-27.
    • Handle: RePEc:oup:indcch:v:32:y:2023:i:1:p:11-27.
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    1. Michael C. Jensen, 2010. "The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems," Journal of Applied Corporate Finance, Morgan Stanley, vol. 22(1), pages 43-58, January.
    2. Jensen, Michael C, 1986. "Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers," American Economic Review, American Economic Association, vol. 76(2), pages 323-329, May.
    3. Carliss Y. Baldwin & Kim B. Clark, 2000. "Design Rules, Volume 1: The Power of Modularity," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262024667, December.
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