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For the language, the idiom, there are a few pages in Raymond Williams's 
Keywords, the info lifted from the OED, interpreted and explained by RW. 
For a start up another line, i.e., backward, although not very far, try 
Richard Caves, "Industrial Organization, Corporate Strategy and Structure," 
Journal of Economic Literature (March 1980). And if you are patient, search 
JSTOR under Business, Economics, Finance, and Statistics for "industry," 
"industrial," "industrialist," "industrialism" (separately), from 1838, the 
date of the first journal there stored (Journal of the Statistical Society 
of London), up to whichever year you think can stand to go.  
 
The idea, I suspect, comes from two very different sources, Ricardo and von 
Thunen, which without (so far as I know) anyone noticing flow together in 
international trade theory in the 1930s, e.g., in Ohlin, von Haberler, et 
al., to join another stream (maybe from the same sources) flowing through 
the Russians to Leontief, thence to become IO "theory."   
 
Penrose denied "industries" (as her contemporaries in economics defined 
them) existed. See her Theory of the Growth of the Firm (1959). Do not 
follow O. Williamson's gloss of her book; read it straight. 
 
John Womack 
 
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