Ossified or Dynamic? Structure, Markets and the Competitive Process in the British Business System of the Nineteenth Century.

From: Business History | Date: January 1, 2000| Author: Church, Roy | Copyright information

This article challenges an interpretation of early and mid-Victorian business history which has emphasised the damaging effects observable during the late nineteenth century of a prior ossification of the industrial structure and of an associated lack of entrepreneurial vigour or aspiration towards growth. By focusing upon process rather than structure, the article underlines the intensity of competition in markets and innovative developments in marketing products regardless of the...

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