Advanced Search
MyIDEAS: Login to save this paper or follow this series

Matthew Boultonfs Sales in Christiefs -A Review of Research Trends -

Contents:

Author Info

  • Yoshihiko Okabe

    ()
    (Faculty of Economics, Kobe Gakuin University)

Registered author(s):

    Abstract

    Research about Matthew Boulton in recent years indicates that the background for his business product development was based not only on management plans for his steam engine, but also on cultural factors and new global businesses, e.g. coinage. The Bank of England launches a new ’50 note in 2011, featuring Matthew Boulton. It seems that the role of Matthew Boulton in the Industrial Revolution has come to be evaluated highly by the UK public. Boultonfs ormolu business has still been underestimated in economic and business history. However, if we look at the expansion of manufacturing ormolu, which was the core business, as was the gtoyh trade in his early career, it has been found that Boulton intended to expand the market by new lines of consumer goods and the adoption of neo-classical design. Products were diversified by the development of Blue John ware in combination with ormolu. Boulton also attempted new style sales e.g. exhibitions, where he invited the upper classes, including the royal family. Some of these attempts were not successful. From the gwindow dressingh of sales and fictitious names of bidders on sales in 1771, we know that the financial result was a failure, and also that Boulton had a hard time to find ways to deal with the result of the sales. The adoption of neo-classical design for his products could not be said to have increased sales. However, analysis of the sales in 1771 shows Boulton tried to sell not only adornment, but also many practical products with associated decoration. This method of combining decoration and practical use was visible in many Boulton products after the sales in 1771. Boultonfs business did not simply shift from decorative products to the steam engine, but also to adornments to products which had both a decorative and a practical function. The technique, accumulated in the development and manufacturing of the adornments, was combined with a practical function such as the movement of the hall clock. This had a great influence on later business, e.g. the steam engine. In other words, the experience of sales in 1771 was not a purely negative experience, but a hint of business to come in the later career of Matthew Boulton.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www2.econ.osaka-u.ac.jp/library/global/dp/1206.pdf
    Download Restriction: no

    Bibliographic Info

    Paper provided by Osaka University, Graduate School of Economics and Osaka School of International Public Policy (OSIPP) in its series Discussion Papers in Economics and Business with number 12-06.

    as in new window
    Length: 18 pages
    Date of creation: Apr 2012
    Date of revision:
    Handle: RePEc:osk:wpaper:1206

    Contact details of provider:
    Email:
    Web page: http://www.econ.osaka-u.ac.jp/
    More information through EDIRC

    Related research

    Keywords: Matthew Boulton; Industrial Revolution; Economic History; Business History;

    Find related papers by JEL classification:

    This paper has been announced in the following NEP Reports:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:osk:wpaper:1206. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Atsuko SUZUKI).

    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.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.

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