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Pettigrew, William A.; Veevers, David

doi:10.1163/9789004387850_002

Cited by 1 publication

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“…In contrast, the trade monopoly of the Dutch East India Company ( Verenigde Oost-Indische Compagnie , henceforth VOC) was chartered to private merchants, who managed trade according to merchant interests (De Vries and van der Woude 1997: 384). Chartered companies like the VOC, were key to the rise of the corporate firm (Harris 2020; Odegard 2022); they maintained close relationships with the state and connected local-national and global entities (Pettigrew and Veveers 2018) but remained real firms despite their influence on states (Wagner 2018). Dutch ownership thus, remained with merchants, who were residual claimants of the VOC 2…”

Section: Introductionmentioning

confidence: 99%

Turning points in leadership: Ship size in the Portuguese and Dutch merchant empires

Rei

2024

Soc. sci. hist.

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This paper discusses the implications of organizational control on the race for technological leadership in merchant empires. I provide an illustrative framework in which poor organizations have reduced incentives to invest, which in turn stifle technology improvements making leaders lag new entrants. In the late sixteenth century, Portugal’s large ships carried more merchandise and were more fitting of the monarch’s grandiose preferences, but they also were more prone to disaster. The merchant-controlled Dutch East India Company however, invested in smaller but more seaworthy vessels conducting more voyages at a much lower loss rate. The surviving historical evidence shows Portugal relying on large ships well into the seventeenth century suggesting her technological edge was gone by the time the Dutch dominated the Indian Ocean.

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Section: Introductionmentioning

confidence: 99%

Turning points in leadership: Ship size in the Portuguese and Dutch merchant empires

Rei

2024

Soc. sci. hist.

View full text Add to dashboard Cite

show abstract

Introduction

Cited by 1 publication

References 2 publications

Turning points in leadership: Ship size in the Portuguese and Dutch merchant empires

Turning points in leadership: Ship size in the Portuguese and Dutch merchant empires

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