Information, Mediation, and Institutional Development

This text explores the patterns of corporate growth, organizational change, and entrepreneurial succession within Britain's shipping industry between 1870 and 1914 when the industry dominated the trade routes of the world. It analyzes how one of Britain's major service industries retained its international competitiveness at a time when many of the older staple sectors lost their comparative advantages and when numerous firms in the new industries failed to develop strong capabilities.