This book of essays, which draws on the expertise of leading textile scholars in Britain and the United States, focuses on the problem of and responses to foreign competition in textiles from the late nineteenth century to the present day. A short introductory essay by the editor is followed by a survey of the debates surrounding the British cotton industry, foreign competition and competitive advantage. The other essays consider various aspects of that competition, including textile machine-making, Lancashire perceptions of the rise of Japan during the inter-war period and responses to foreign competition in the British cotton industry since 1945, whilst others deal with the decline and rise of merchanting in UK textiles and European competition in woollen yarn and cloth from 1870 to 1914. A recurring theme in a number of the essays is Japanese competitive advantage in textiles. The book is unique since although there are numerous books dealing with the problems of British staple industries, none focuses primarily on the issue of competition, its sources and responses, nor on textiles in general rather than a single industry. Moreover, since the scope is international rather than limited only to the UK, it follows recent trends in British busines history away from single company case studies towards a more thematic, comparative approach. In addition, the international authorship of these papers gives this book, first published in 1991, wide appeal.

Although economists have long recognised industrial districts as one of the key features of many economies, it is only recently that attention has been focused on the region as an effective means of generating accurate insights into the larger picture of economic performance. This renewed interest in regional issues has also placed at centre stage the role played by networks as a principal organisational feature of the local business community, providing scholars with a rich topic for investigation and debate. Recent work has shown that universal generalisations concerning the impact of networking on the performance of industrial clusters lack credibility, highlighting the consequent need to compare the role played by business networks in a variety of regions. Using a copious range of research material examining several British regions, this volume poses a series of fundamental questions about the nature of industrial clusters and networks. Particular attention is paid to identifying the basic characteristics of a network, outlining how they evolved in key industrial clusters, and assessing their impact on industrial performance, both regionally and nationally. The durability of such networks is another key thread that runs through the essays, prompting comparison with industrial clusters in Britain and abroad. These are issues which stimulate discussion on a wide range of factors within the disciplines of business, economic and social history.

This book examines the decline of the cotton textiles industry, which defined Britain as an industrial nation, from its peak in the late nineteenth century to the state of the industry at the end of the twentieth century. Focusing on the owners and managers of cotton businesses, the authors examine how they mobilised financial resources; their attitudes to industry structure and technology; and their responses to the challenges posed by global markets. The origins of the problems which forced the industry into decline are not found in any apparent loss of competitiveness during the long nineteenth century but rather in the disastrous reflotation after the First World War. As a consequence of these speculations, rationalisation and restructuring became more difficult at the time when they were most needed, and government intervention led to a series of partial solutions to what became a process of protracted decline. In the post-1945 period, the authors show how government policy encouraged capital withdrawal rather than encouraging the investment needed for restructuring. The examples of corporate success since the Second World War – such as David Alliance and his Viyella Group – exploited government policy, access to capital markets, and closer relationships with retailers, but were ultimately unable to respond effectively to international competition and the challenges of globalisation. The chapters in this book were originally published in Business History and Accounting, Business and Financial History.

Vols. for 1837-52 include the Companion to the Almanac, or Year-book of general information.