'Full steam ahead? The British arms industry and the market for warships, 1850-1914' in J Brown & M Rose (eds), Entrepreneurship, Networks and Modern Business

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  • Name Research & development inc operational research
  • Name Business & related networks, exc mercantile networks
  • Name Entrepreneurship inc cultural influences, opportunity, etc
  • Name Government procurement
  • Name Risk taking, risk management & other issues [currently subject to editing]

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Focuses on how British warship builders before 1914 developed strategies for dealing with uncertainty in what was becoming a highly research intensive segment of the shipbuilding and engineering market. Emphasizes the complexity and boldness of decision making by entrepreneurs in the production of very large and technologically improving products and the nature of the relationship with a customer, the Admiralty, characterised by close contact and trust, and with other players forming the network. Sections deal with: nature of the warship market; political and economic factors influencing stability and nature of Admiralty demand; means by which producers attempted to gain orders through non price competition and the ethical issues involved; determinants of innovation in warship building and research and development