British industrial policy in the 1930s has generated considerable historical controversy. This article furthers the debate by using the cotton industry as a case study. The biggest constraint on active government policies toward cotton was not institutional inertia or quot;industrial...

The paper analyses the relationship between entrepreneurial philanthropy and the competitive process. In doing so, it constructs a typology of entrepreneurial philanthropic behaviour. Such behaviour is conditioned by a combination of ideology and business strategy variables. Ideological...

The paper considers the dual aspect of social networks in terms of 1) product innovators and developers and 2) the providers of finance. The growth of networks can be explained as a function of incumbents and entrants' preferences to link with specific nodes defined according to the underlying...

How much of the rapid growth in labor productivity in nineteenth century cotton weaving arose from capital-labor substitution and how much from technical change? Using an engineering production function and detailed information on inventions, I find that factor substitution accounts for little...