Thomas K. McCraw has won the 2007–2009 Alfred and Fay Chandler Book Award in Business History for Prophet of Innovation: Joseph Schumpeter and Creative Destruction (Harvard University Press, 2007; paper, 2010). The award is given once every three years to the best work in the field of business history published in the United States, as determined by a vote of the Editorial Advisory Board of the Business History Review. The award was first granted in 1962 and was formerly known as the Thomas Newcomen Book Award. Prophet of Innovation also won the BHC's Hagley Book Prize for the best book in business history in 2008.McCraw is the Isidor Straus Professor of Business History, emeritus, at the Harvard Business School. He also is a former president and trustee of the Business History Conference, which at its 2009 meeting presented him its Lifetime Achievement Award.