Clogs to Clogs in Three Generations? Explaining Entrepreneurial Performance in Britain Since 1850

Tom Nicholas

The Journal of Economic History, 1999, vol. 59, issue 3, 688-713

Abstract: Research into sculture and entrepreneurship in Britain has been dominated by casual empiricism. This article shows the benefits of using a new method. Lifetime wealth accumulation is specified as a measure of entrepreneurial performance, and applied to data collected from dictionaries of business biography. Industry, region, and religious dissent are ruled out as explanations of entrepreneurial performance. Education and entrepreneurial type are the important predictors. Firm inheritors and those receiving a high-status education experienced relatively low lifetime rates of wealth accumulation. Firm founders, managers, and individuals with a lower-status education were comparatively successful.

Date: 1999
References: Add references at CitEc
Citations: View citations in EconPapers (16)

Downloads: (external link)
https://www.cambridge.org/core/product/identifier/ ... type/journal_article link to article abstract page (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cup:jechis:v:59:y:1999:i:03:p:688-713_02

Access Statistics for this article

More articles in The Journal of Economic History from Cambridge University Press Cambridge University Press, UPH, Shaftesbury Road, Cambridge CB2 8BS UK.
Bibliographic data for series maintained by Kirk Stebbing ().