Entrepreneurship, Business Strategy and Philanthropy: Competition and Regulation in Nineteenth Century British Cotton Textiles
27 Pages Posted: 28 Jun 2017
Date Written: June 27, 2017
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
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