First Published in 1968. This is an account of the Boulton-Watt partnership and adds another item to the now growing series of writings on the history of individual firms or individual pioneers of modern business. The choice of this particular firm is due to three facts : the great importance of the enterprise ; the concentration in Birmingham of the bulk of its records (the completeness and state of preservation of which is almost unique), and the lack, notwithstanding the existence of several books on the subject, of any exhaustive history from the economist's standpoint of what must be regarded as the foremost engineering firm of the late eighteenth and early nineteenth centuries.

First Published in 1968. This is an account of the Boulton-Watt partnership and adds another item to the now growing series of writings on the history of individual firms or individual pioneers of modern business. The choice of this particular firm is due to three facts: the great importance of the enterprise; the concentration in Birmingham of the bulk of its records (the completeness and state of preservation of which is almost unique), and the lack, notwithstanding the existence of several books on the subject, of any exhaustive history from the economist's standpoint of what must be regarded as the foremost engineering firm of the late eighteenth and early nineteenth centuries.

Industrial Organization in Context examines the economics of markets, industries and their participants and public policy towards these entities. It takes an international approach and incorporates discussion of experimental tests of economic models.

This book, which comprises eight chapters, presents a comprehensive critical survey of the results and methods of laboratory experiments in economics. The first chapter provides an introduction to experimental economics as a whole, with the remaining chapters providing surveys by leading practitioners in areas of economics that have seen a concentration of experiments: public goods, coordination problems, bargaining, industrial organization, asset markets, auctions, and individual decision making. The work aims both to help specialists set an agenda for future research and to provide nonspecialists with a critical review of work completed to date. Its focus is on elucidating the role of experimental studies as a progressive research tool so that wherever possible, emphasis is on series of experiments that build on one another. The contributors to the volume--Colin Camerer, Charles A. Holt, John H. Kagel, John O. Ledyard, Jack Ochs, Alvin E. Roth, and Shyam Sunder--adopt a particular methodological point of view: the way to learn how to design and conduct experiments is to consider how good experiments grow organically out of the issues and hypotheses they are designed to investigate.

Applied Industrial Organization offers a perspective on the richness of empirical industrial organization studies. Some papers derive empirical implications from theoretical models, but other papers start from empirical evidence and construct a theory. Three major topics are explored: the role of innovation, the evolution of market structure and firms, and the determinations of performance. As the central force of market economies, innovation is the essence of competition and results in changes to market structures. Other forces driving the evolution of markets and firms are also analyzed. Finally, the determinants of profitability are investigated. In particular, characteristics such as price flexibility, successful lenders and monopoly regulation are examined. Contributors include F.M. Scherer, Paul Geroski, John Hey, David Audretsch, Manfred Neumann, among others.

This celebrated and seminal text examines the industrial revolution, from its genesis in pre-industrial Britain, through its development and into maturity. A chapter-by-chapter analysis explores topics such as economic growth, agriculture, trade finance, labour and transport. First published in 1969, The First Industrial Nation is widely recognised as a classic text for students of the industrial revolution.

Scottish inventor and mechanical engineer James Watt (1736–1819) is best known for his pioneering work on the steam engine that became fundamental to the incredible changes and developments wrought by the Industrial Revolution. But in this new biography, Ben Russell tells a much bigger, richer story, peering over Watt’s shoulder to more fully explore the processes he used and how his ephemeral ideas were transformed into tangible artifacts. Over the course of the book, Russell reveals as much about the life of James Watt as he does a history of Britain’s early industrial transformation and the birth of professional engineering. To record this fascinating narrative, Russell draws on a wide range of resources—from archival material to three-dimensional objects to scholarship in a diversity of fields from ceramics to antique machine-making. He explores Watt’s early years and interest in chemistry and examines Watt’s partnership with Matthew Boulton, with whom he would become a successful and wealthy man. In addition to discussing Watt’s work and incredible contributions that changed societies around the world, Russell looks at Britain’s early industrial transformation. Published in association with the Science Museum London, and with seventy illustrations, James Watt is not only an intriguing exploration of the engineer’s life, but also an illuminating journey into the broader practices of invention in the eighteenth and early nineteenth centuries. Published in association with the Science Museum, London