Vulnerable Market and Technological Advancement:Why did Great Britain fail in the Late Nineteenth Century?

摘要：

　　During the first era of industrial revolution, Britain took the lead in technology and became the workshop of the world.However, in the hte nineteenth century, Germany and United States upgraded their industries while Great Britain was falling behind.Why did Great Britain fail in responding to new technological challenge? This paper tries to demonstrate that international market extent is more vulnerable than domestic one.Domestic incentives are embedded in broader international power structure.British industries relied heavily on large and expanding overseas markets.The loss of these markets to rising competitors therefore weakened the incentives of domestic manufacturers and financiers and accounted for Great Britains failure in technological upgrading.By contrast, the greater domestic market extent encouraged United States to sustain technological progress in industrial sector.

作者: HUANG Qixuan JIANG Jiying

作者单位: Shanghai Jiaotong University

会议类型: 国际会议

会议名称: The 1st Chinese Conference on Comparative Political Economy (第一届比较政治经济学国际学术会议)

会议地点: 北京

会议语种:英文

页码: 409-425

在线出版日期: 2013-09-08（万方平台首次上网日期，不代表论文的发表时间）