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- W88577657 abstract "The decline of British industry in the course of the last one hundred years is one of the singular facts of recent economic history. Understandably, it has attracted considerable attention. Politicians, civil servants, businessmen, trade unionists, and academics all have debated the causes of this decline, its chronology, and its implications for British life. At the center of much of this often heated argument has been the individual entrepreneur. He has been castigated for his indifference to profit maximization, his ignorance of scientific and technological developments, and his preference for the leisure of the land and the excitement of the exchange. He has been praised for his rational accommodation to economic constraints and his efficient reaction to pecuniary opportunities. His sensitivity to government policy and organized labor and his relations with financial institutions have been much discussed. Yet there has been very little empirical study of particular entrepreneurs and individual enterprises in Britain's declining industries. Business histories of Britain's staple trades concentrate almost exclusively upon the heroic period of the industrial revolution. Studies of more recent periods tend to focus upon the country's multinational giants." @default.
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- W88577657 date "2003-01-01" @default.
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- W88577657 title "Managing Industrial Decline: Four British Colliery Companies between the Wars" @default.
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