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Lookup NU author(s): Professor David Higgins
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As exogenous shocks impact on industry we believe it timely to revisit the experience of two 'staple' industries during the interwar period: cotton and wool textiles. Using a variety of under- explored primary source materials we argue that the ability to withstand the shocks of the interwar years was largely dependent on prior investment decisions. In cotton textiles the re floatation boom precluded strategic flexibility and encouraged collusion. The absence of such behaviour in wool textiles fostered competition and the pursuit of a successful marketing policy.
Author(s): Bowden S, Higgins DM
Publication type: Article
Publication status: Published
Journal: Business History
Print publication date: 01/03/2015
Online publication date: 07/03/2014
Acceptance date: 01/01/1900
ISSN (print): 0007-6791
ISSN (electronic): 1743-7938
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