The European Trade with the East Indies
This chapter undertakes a comparative analysis of the organizational characteristics of the English East India Company, highlighting the firm's record of sustained innovation through the incorporation of new markets, and the extent to which this may be explained by the degree of militarization in the Company, relations with the state, and the management of employees' private trade. While setting up a comparative argument for why individual-level trading decisions (associated with the private trade) are important to understanding the differences between the English and other East India companies, this chapter also provides the organizational background necessary to understanding why employees of the English Company would engage in certain patterns of behavior.