We use the history of private limited liability companies (PLLCs) to challenge two pervasive assumptions in the literature: (1) Anglo-American legal institutions were better for economic development than continental Europe’s civil-law institutions; and (2) the corporation was the superior form...

1.2.1. Innovation Comes in Different Forms: All Forms Matter1.2.2. A Perception of Risk: Entrepreneurs vs. Professional Managers; 1.3. Financialisation has Interrupted Business Credit Mechanisms; 1.4. Capitalism and the Entrepreneur; 1.5. Historic Events: Our Window to the Future; 1.6. The United...

We use the history of private limited liability companies (PLLCs) to challenge two pervasive assumptions in the literature: (1) Anglo-American legal institutions were better for economic development than continental Europe's civil-law institutions; and (2) the corporation was the superior form...

"This landmark research volume provides the first detailed history of entrepreneurship in Britain from the nineteenth century to the present. Using a remarkable new database of more than 9 million entrepreneurs, it gives new understanding to the development of Britain as the world's "first...