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Social capital, institutional innovation and Atlantic trade before 1800

Datos Bibliográficos

ID8420189
AutoresRobin Pearson (a University of Hull , UK, autor de correspondencia), David Richardson (0000-0002-1864-3907, a University of Hull , UK)
Año2008
Volumen50
Número6
Páginas765-780
Fecha de publicación2008-11-01
Peer ReviewedSí
Open AccessNo
TipoARTICLE
RevistaBusiness History (JOURNAL)
Identificadores de la revistaISSN: 0007-6791 • E-ISSN: 1743-7938
EditorialInforma UK Limited (PUBLISHER • GB)
DOI10.1080/00076790802420336
OpenAlexW2099086651
IdiomaEN
Citas recibidas19
Referencias citadas59

The growth of the Atlantic economy during the eighteenth century has been associated with developments in business networking to mitigate the hazards of communication in long-distance trade. Such social capital-based mechanisms reduced transaction costs, but also proved to have their limitations in the changing conditions of eighteenth-century international trade. This paper argues, using the example of the British slave trade, that efforts to innovate less personalised forms of commercial exchange gave those prepared to do so a considerable competitive advantage, and promoted the unprecedented expansion of that trade between 1750 and 1807. We suggest that this shift may be viewed as a precursor of modernising tendencies in business practice in Britain during the industrial revolution

Business · Capital (architecture · Database transaction · Economics · Economy · Industrial Revolution · International trade · Market economy · Political science · Social capital · Colonialism, slavery, and trade · Culture, Economy, and Development Studies · Historical Economic and Social Studies · History · Law

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Obras citantes distintas19
Citas por año1,12
Intervalo de citas2009 - 2025 (17)
Velocidad de citaciónrecent
Altamente citadoNo
Tipos de citaNeutras: 19
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