Turning Points in Leadership: Shipping Technology in the Portuguese and Dutch Merchant Empires

This paper focuses on the implications of organizational control on the race for economic leadership across merchant empires. Poor organizational choices reduce incentives to invest, which in turn stifle technological improvements and make leading empires lag behind new entrants. Using historical evidence on shipping technology, I show that this may have been a factor behind the loss of leadership of the Portuguese merchant empire in the late sixteenth century.

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Year of publication:	2011-10
Authors:	Rei, Claudia
Institutions:	Vanderbilt University Department of Economics
Subject:	Merchant empires \| Shipping technology \| Organization

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Extent:	application/pdf
Series:	Vanderbilt University Department of Economics Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 1123
Classification:	N23 - Europe: Pre-1913 ; N73 - Europe: Pre-1913 ; O14 - Industrialization; Manufacturing and Service Industries; Choice of Technology
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009421455