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Form/Huber Colloquium: Emily Erikson

March 28, 2014
4:30PM - 5:45PM
248 Townshend Hall

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Add to Calendar 2014-03-28 16:30:00 2014-03-28 17:45:00 Form/Huber Colloquium: Emily Erikson Emily Erikson, Yale University, will present her talk titled “Between Monopoly and Free Trade”. Abstract: The English East India Company was one of the most powerful and enduring companies in history. This book locates the source of that success in the innovation and internal cohesion generated through what was initially a cost-saving measure, in which the court of directors granted employees the right to pursue their own commercial interests while in the employ of the firm. Though the Company held a monopoly on English overseas trade to Asia, the Court of Directors extended the right to trade within Asia to their employees, creating an unusual situation in which employees both worked for themselves and for the Company as overseas merchants. Building on the organizational infrastructure of the English Company and the institutional base of the rich and sophisticated market of the East, the employees built a cohesive internal network of peer communications, i.e. a social network, which was used to direct 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.   248 Townshend Hall College of Arts and Sciences asccomm@osu.edu America/New_York public


Emily Erikson, Yale University, will present her talk titled “Between Monopoly and Free Trade”.
 
Abstract: The English East India Company was one of the most powerful and enduring companies in history. This book locates the source of that success in the innovation and internal cohesion generated through what was initially a cost-saving measure, in which the court of directors granted employees the right to pursue their own commercial interests while in the employ of the firm. Though the Company held a monopoly on English overseas trade to Asia, the Court of Directors extended the right to trade within Asia to their employees, creating an unusual situation in which employees both worked for themselves and for the Company as overseas merchants. Building on the organizational infrastructure of the English Company and the institutional base of the rich and sophisticated market of the East, the employees built a cohesive internal network of peer communications, i.e. a social network, which was used to direct 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. 
 

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