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Merchants to Multinationals: British Trading Companies in the Nineteenth and Twentieth Centuries - Softcover

 
9780199249992: Merchants to Multinationals: British Trading Companies in the Nineteenth and Twentieth Centuries
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This book examines the evolution of multinational trading companies from the eighteenth century to the present day. During the Industrial Revolution, British merchants established overseas branches which became major trade intermediaries and subsequently engaged in foreign direct investment. Complex multinational business groups emerged controlling large investments in natural resources, processing, and services in Asia, Latin America, and Africa.

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About the Author:

Geoffrey Jones is Isidor Straus Professor of Business History, Harvard Business School. He previously taught at the universities of Cambridge and Reading, and at the London School of Economics and Political Science, in Great Britain.
Review:

"...the study, by illuminating how companies adapt to survive and prosper in different and changing cultural and sociopolitical conditions, is a welcomed supplement to the sterility depicted by orthodox economic models of the firm and illustrates the great strength of historical perspective for economic analysis."--Choice


"This is a splendid book. It not only delineates the trading companies' expansion (and contraction) but also puts that story in the context of the evolving world economy....It is essential reading for every economic and business historian interested in the history of multinational enterprise, in British economic history, and also in where British business fits in the evolution of the world economy....a major accomplishment."--EH.NET


"...an innovative contribution to British economic history....Merchants is a clear and coherent analysis of an elusive subject."--Business History Review


"In this impressive and important study, Jones successfully balances the use of detailed evidence drawn from extensive archival research with attention to broader questions and perspectives. ... This volume will rapidly become required reading for all those interested in the history of international business; but it deserves a wider audience, especially among those dealing with colonialism and economic development."--Enterprise and Society


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  • PublisherOxford University Press
  • Publication date2002
  • ISBN 10 0199249997
  • ISBN 13 9780199249992
  • BindingPaperback
  • Number of pages416

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9780198294504: Merchants to Multinationals: British Trading Companies in the Nineteenth and Twentieth Centuries

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Book Description Paperback. Condition: new. Paperback. Merchants to Multinationals examines the evolution of multinational trading companies from the eighteenth century to the present day. During the Industrial Revolution, British merchants established overseas branches which became major trade intermediaries and subsequently engaged in foreign direct investment. Complex multinational business groups emerged controlling large investments in natural resources, processing, and services in Asia, Latin America, andAfrica.While theories of the firm predict the demise over time of merchant firms, this book identifies the continued resilience of British trading companies despite the changing politicaland business environments of the twentieth century. Like Japanese trading companies, they 're-invented' themselves in successive generations. The competences of the trading companies resided in their information-gathering, relationship-building, human resource, and corporate governance systems. This book provides a new dimension to the literature on international business through the focus on multinational service firms and its evolutionary approach based on confidential business records. This volume examines the evolution of multinational trading companies from the 18th century to the present day. While theories of the firm have often predicted the demise over time of merchant firms, this book identifies the continued resilience of British trading companies. This item is printed on demand. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780199249992

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