Preindustrial businesses: the time of the merchant -- The many paths to industrialization -- British and German businesses during industrialization -- Big and small businesses in industrializing America -- Japanese and Chinese businesses during industrialization -- American, British, and German...

"During the Industrial Revolution technological progress and innovation became the main drivers of economic growth. But why was Britain the technological leader? We argue that one hitherto little recognized British advantage was the supply of highly skilled, mechanically able craftsmen who were...