Ciliberto, Federico - Volkswirtschaftliche Fakultät, … - 2009
I study the slow adoption of ring-spinning in Great Britain's cotton industry at the end of the 19th century, which has …, and 1910. First, I show that the vertical organization of the industry, with its firms specializing in spinning or weaving …, did not act as an impediment to the adoption of the ring-spinning technology, as was argued by Lazonick. In particular, I …