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Books > Business & Economics > Economics > Labour economics
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Guilds, Innovation and the European Economy, 1400-1800 (Paperback)
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Guilds, Innovation and the European Economy, 1400-1800 (Paperback)
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For a long time guilds have been condemned as a major obstacle to
economic progress in the pre-industrial era. This re-examination of
the role of guilds in the early modern European economy challenges
that view by taking into account fresh research on innovation,
technological change and entrepreneurship. Leading economic
historians argue that industry before the Industrial Revolution was
much more innovative than previous studies have allowed for and
explore the different products and production techniques that were
launched and developed in this period. Much of this innovation was
fostered by the craft guilds that formed the backbone of industrial
production before the rise of the steam engine. The book traces the
manifold ways in which guilds in a variety of industries in Italy,
Austria, Germany, Switzerland, France, Belgium, the Netherlands,
and Britain helped to create an institutional environment conducive
to technological and marketing innovations.
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