Entrepreneurship, Business Strategy and Philanthropy: Competition and Regulation in Nineteenth Century British Cotton Textiles

27 Pages Posted: 28 Jun 2017

See all articles by Alice Shepherd

Alice Shepherd

University of Leeds; University of Leeds - Division of Accounting and Finance

Steve Toms

University of Leeds - Leeds University Business School (LUBS); University of Leeds - Division of Accounting and Finance

Date Written: June 27, 2017

Abstract

The paper analyses the relationship between entrepreneurial philanthropy and the competitive process. In doing so, it constructs a typology of entrepreneurial philanthropic behaviour. Such behaviour is conditioned by a combination of ideology and business strategy variables. Ideological differences can be traced to nineteenth century philosophical responses to the ethical problems posed by the rapid emergence of factory production following the British Industrial Revolution. Attitudes to regulation and the labour process are used to identify the key differences and similarities with respect to competitive behaviour. Each type of entrepreneurial behaviour is explored using nineteenth century case studies and examples of philanthropy and competitive behaviour.

Keywords: British industrial revolution, cotton textile industry, factory acts, entrepreneurship, philanthropy, corporate social responsibility.

JEL Classification: D64, K31, L30, N13, N33, N83

Suggested Citation

Shepherd, Alice and Toms, Steve, Entrepreneurship, Business Strategy and Philanthropy: Competition and Regulation in Nineteenth Century British Cotton Textiles (June 27, 2017). Leeds University Business School Working Paper No. 18-04. Available at SSRN: https://ssrn.com/abstract=2993304 or http://dx.doi.org/10.2139/ssrn.2993304

Alice Shepherd

University of Leeds ( email )

Leeds, LS2 9JT
United Kingdom

University of Leeds - Division of Accounting and Finance ( email )

Leeds LS2 9JT
United Kingdom

Steve Toms (Contact Author)

University of Leeds - Leeds University Business School (LUBS) ( email )

Leeds LS2 9JT
United Kingdom

University of Leeds - Division of Accounting and Finance ( email )

Leeds LS2 9JT
United Kingdom

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