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The trauma of competition’

The entry of Air Products Inc. into the industrial gases business in Britain and continental Europe, 1947–70

Bibliographic Data

ID8419207
AuthorsRalf Banken (a Department of Economic and Social History, University of Frankfurt , Frankfurt, Germany), Ray Stokes (0000-0001-8611-0566, University of Glasgow, corresponding author)
Year2010
Volume52
Issue7
Pages1068-1085
Publication date2010-12-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueBusiness History (JOURNAL)
Journal identifiersISSN: 0007-6791 • E-ISSN: 1743-7938
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/00076791.2010.523462
OpenAlexW2026411669
LanguageEN
Citations received2
References cited9

The British Oxygen Company (BOC) had a virtual monopoly on the supply of industrial gases (e.g. oxygen and acetylene) on the British market through the 1950s, when it was finally challenged by an American-based company, Air Products. Air Products Limited (APL) was able to undercut BOC's position, overcoming high barriers to entry to gain significant market share in this sector, which shares some features of network industries. Factors in this success included conditions imposed by the Board of Trade, APL's innovations, BOC's slow response, and favourable market conditions. APL's success had implications for the internationalisation of the industrial gases industry

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Unique citing works2
Citations per year0,17
Citation span2014 - 2015 (2)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 2

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