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Emily Erikson : Between Monopoly and Free Trade: The English East India Company, 1600–1757 | Princeton University Press
The EIF was one of the most powerful and enduring organizations in history. "Between Monopoly and Free Trade" locates the source of that success in the innovative policy by which the Court of Directors granted employees the right to pursue their own commercial interests while in the firm’s employ. Exploring trade network dynamics, decision-making processes, and ports and organizational context, Emily Erikson demonstrates why the EIC was a dominant force in the expansion of trade between Europe and Asia, and she sheds light on the related problems of why England experienced rapid economic development and how the relationship between Europe and Asia shifted in the 18thC and 19thC.(..) Building on the organizational infrastructure of the Company and the sophisticated commercial institutions of the markets of the East, employees constructed a cohesive internal network of peer communications that directed English trading ships during their voyages. This network integrated Company operations, encouraged innovation, and increased the Company’s flexibility, adaptability, and responsiveness to local circumstance. -- assistant professor in the department of sociology and the school of management (by courtesy) at Yale University, as well as a member of the Council of South Asian Studies. -- excerpt Chapter 1 downloaded pdf to Note
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july 2015 by dunnettreader

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