Forging ahead and falling behind: the rise and relative decline of the first industrial nation
Article Abstract:
The advent of the first Industrial Revolution in the UK in the late 18th century and the country's eventual economic decline at the turn of the 19th century can be attributed to a confluence of factors. The Industrial Revolution was driven by technological innovations that allowed the UK to accommodate high population growth rates. However, the country was overtaken by the US in terms of economic growth shortly before the end of the 19th century. UK's economic decline was influenced by market size, supply of scientifically trained labor and other components of growth economics.
Publication Name: Journal of Economic Perspectives
Subject: Economics
ISSN: 0895-3309
Year: 1998
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Organizational capabilities and industrial restructuring: a historical analysis
Article Abstract:
A historical perspective of the industrialization of the United States, Britain, Germany, and Japan is provided for the industrial restructuring of the planned socialist economy of the former Soviet Union and other Eastern European states. In the capitalist market economies, the continued operation and competitiveness of the individual firm has provided the foundation for industrial strength and economic growth overall. The evolution of these individual enterprises is outlined for the US and Europe, and the situations of Japan and Eastern Europe are contrasted.
Publication Name: Journal of Comparative Economics
Subject: Economics
ISSN: 0147-5967
Year: 1993
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Organizational capabilities and the economic history of the industrial enterprise
Article Abstract:
Modern industrial enterprises cropped up in the railroad, transportation and communication industries as networks were developed. The main characteristic of these firms is the ability to move commodities efficiently and in bulk. Based on the transaction cost and evolutionary theories, this type of enterprise still functions basically in the same way as when it first started out in the 1880s.
Publication Name: Journal of Economic Perspectives
Subject: Economics
ISSN: 0895-3309
Year: 1992
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