Considering the 1500+ pages making up the 39 chapters of this work on Chinese economic history from ancient times to the present, this review essay suggests ways The Cambridge Economic History of China contributes new perspectives on economic history more generally and on plausible connections between the pathways of Chinese economic change that begin in the distant past and point toward the future. The essay addresses specifically Chinese elements in its economic history and identifies the ways in which nineteenth- and twentieth-century engagement with Westerners contributed to the Chinese economy’s future development but in no comprehensive manner explain how modern Chinese economic change took place. Among the highlighted features of Chinese economic history that chapters of this work make visible are the persistent presence of state efforts to manage and shape economic activity forming a distinct tradition of political economy and the long-standing awareness of many of the relationships between population, agriculture, and the natural environment.

Institutional logics are interrelated sets of cultural elements (norms, values, beliefs, and symbols) that help people and organizations make sense of their everyday activities and order those activities in time and space. In this paper, we describe the rise of a robust literature on institutional logics, which mostly focuses on Western societies. We then describe changes in Chinese society and economy over the past four decades, as it shifted from state-controlled planning and redistribution to market-mediated exchange. We detail how the institutional logics that guide Chinese firms have been transformed in the wake of the economic transition. The state logic, which developed in the Maoist era, valorizes equality, national community, and political stability. Although it is still in evidence, it has been partly supplanted by a market logic that encourages efficiency, competition, and property rights. But this market logic differs from the one that prevails in Western capitalist economies. The Chinese version of the market logic valorizes the central role that the state and the Communist Party continue to play in economic life. Therefore, in the Chinese version of the market logic, efficiency, competition, and property rights are tempered by a continued concern for political stability. We review and summarize the existing literature on institutional logics and Chinese firms, and then identify fruitful lines that future research could take.

Using evidence from 25,250 records of vessels entering and clearing the rivers of the Chesapeake Bay, this article demonstrates that intercolonial trading captains and crews significantly reduced the number of days their vessels spent in port in Virginia between 1698 and 1766. This contraction reflected a quantifying ethos in shipping that emerged during the early age of sail as the result of mutually reinforcing legal requirements and management practices. Responding to these productivity pressures, captains embraced practices that limited sailors’ freedom and turned to enslaved sailors to guarantee their maritime labor force. Embracing unfreedom aided captains to realize the dispatch goals that helped guarantee their investors’ returns.

Welcome to Volume 24, No. 4 of Enterprise and Society. There is a slight deviation from tradition for this issue this year. As is well-known, the final issue of the year typically carries both the Presidential Address, delivered at the annual meeting in the spring, as well as summaries by all Krooss Prize finalists. Those of you able to attend the annual meeting in Detroit in March 2023 will have been spellbound by Dan Wadhwani’s Presidential Address, which wove together strands of his rich historical entrepreneurship scholarship with threads of his own fascinating family story. Converting such a personal address, combined with the continuous uncovering of materials, has involved intricate ongoing work. Dan and I have agreed to hold his address back to give him the opportunity to write the piece he really wants to write. Personally, I cannot wait to read it.

This paper builds on a body of multi-disciplinary literature to analyze and compare the emergence of the prêt-à-porter industry in France and the ready-to-wear industry in Italy from their founding to their growth stages in the mid-twentieth century. The comparison demonstrates the significant impact that the French Chambre Syndicale de la Couture, des Confectionneurs et des Tailleurs pour Dame, and the National Chamber of Italian Fashion had on the trajectories of the fashion industry for each country. The article focuses on foundational entrepreneurs within the industry such as Giovanni Battista Giorgini, Jean Patou, Coco Chanel, Christian Dior, and others. It analyzes how these chambers supported the emergence of differentiated firms within the fashion industry, and how the industry responded to the business conditions in the international economy of the post-World War II period through the global recession of the 1970s.