Background
McCraw was born in Corinth, Mississippi near where his father John, a civil engineer for the Tennessee Valley Authority was helping to build a dam.
McCraw was born in Corinth, Mississippi near where his father John, a civil engineer for the Tennessee Valley Authority was helping to build a dam.
The family moved frequently, and McCraw graduated from high school in Florence, Alabama. McCraw attended the University of Mississippi on an Reserve Officers Training Corps scholarship, and graduated with a Bachelor degree in 1962. He was an officer of the United States Navy in 1962-1966, then went to the University of Wisconsin–Madison for his graduate studies, completing a Doctor of Philosophy degree in 1970.
He worked as a teaching assistant at the University of Wisconsin from 1967–1969. McCraw was assistant professor of history (1970-1974) and associate professor of history (1974-1978) at the University of Texas at Austin before joining Harvard Business School in 1978, becoming a director of research in 1984-1986. Throughout his academic career, McCraw served in various positions.
McCraw died in 2012.
He had been suffering from heart and lung problems.
At Harvard he created a standard first-year course for Master of Business Administration students, “Creating Modern Capitalism,” which enhanced the profile and popularity of business history at the school. Its syllabus became a textbook that is widely used. McCraw wrote a number of books on business and business history, including Morgan versus Lilienthal: The Feud within the Tennessee Valley Authority (1970), Prophets of Regulation: Charles Francis Adams, Louis Doctorate. Brandeis, James M. Landis, Alfred East. Kahn (1984), The Essential Alfred Chandler: Essays Towards a Historical Theory of Business (Alfred Doctorate Chandler, Junior and Richard South Tedlow.
1988), Creating Modern Capitalism: How Entrepreneurs, Companies, and Countries Triumphed in Three Industrial Revolutions (1997), The Intellectual Venture Capitalist: John H. McArthur and the Work of the Harvard Business School (1999), American Business, 1920-2000: How lieutenant Worked (2000), and Prophet of Innovation: Joseph Schumpeter and Creative Destruction (2007).
He served as a member of the council of the Massachusetts Historical Society, and was on the advisory board of the Nomura School of Advanced Management in Tokyo, Japan.