IDEAS home Printed from https://ideas.repec.org/a/cup/buhirw/v79y2005i03p467-491_08.html
   My bibliography  Save this article

The Trouble with Networks: Managing the Scots' Early-Modern Madeira Trade

Author

Listed:
  • Hancock, David

Abstract

Most studies of the early-modern Atlantic world give its emergence a sense of inevitability. Historians who have tried to understand networks in the early-modern Atlantic have focused solely on their successes, which skews our understanding. This analysis of the role played by Scottish networks in the production, distribution, and consumption of Madeira wine during that product's golden age, which lasted from 1640 to 1815, attempts to correct the record. Networks succeeded when they led to profitable sharing of information, goods, and services, and they failed when individuals were unable to get networks to function for them. Problems arose among the parties in the course of negotiating terms for sharing, monitoring the agreements, responding to disasters, and estimating the costs of transactions. At times, networks worked so well that they metamorphosed into other social and commercial forms, helping to establish critical nonmetropolitan links within and between the British and Portuguese empires.

Suggested Citation

  • Hancock, David, 2005. "The Trouble with Networks: Managing the Scots' Early-Modern Madeira Trade," Business History Review, Cambridge University Press, vol. 79(3), pages 467-491, October.
  • Handle: RePEc:cup:buhirw:v:79:y:2005:i:03:p:467-491_08
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S0007680500081411/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Haggerty, John & Haggerty, Sheryllynne, 2011. "The life cycle of a metropolitan business network: Liverpool 1750-1810," Explorations in Economic History, Elsevier, vol. 48(2), pages 189-206, April.
    2. Buchnea, Emily & Elsahn, Ziad, 2022. "Historical social network analysis: Advancing new directions for international business research," International Business Review, Elsevier, vol. 31(5).
    3. Neil Rollings, 2007. "British business history: A review of the periodical literature for 2005," Business History, Taylor & Francis Journals, vol. 49(3), pages 271-292.
    4. Esteves, Rui & Geisler Mesevage, Gabriel, 2019. "Social Networks in Economic History: Opportunities and Challenges," Explorations in Economic History, Elsevier, vol. 74(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:buhirw:v:79:y:2005:i:03:p:467-491_08. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/bhr .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.