The genesis of the electricity supply industry in Britain: A case study of NESCo from 1889 to 1914
研究了纽卡斯尔电力供应公司（NESCo）在1889至1914年间的兴起与成长，揭示社会资本、家族商业网络及政治地理因素如何助其成为英国唯一财务成功的电力公司，对经济史和产业组织研究者有参考价值。
A study of the Newcastle upon Tyne Electric Supply Company (NESCo) provides a micro-history of the emergence of the electricity supply industry in Britain up to the First World War. This research examines the role of social capital in the establishment and growth of NESCo, the only financially successful British electric power company. Temporal bracketing was adopted to evaluate two distinct time periods: emergence from 1889 to 1899; and growth from 1900 to 1914. Family, business and social networks together with geographical and political factors secured the company’s dominant position. The structural relationship with Merz & McLellan contributed to growth through acquisitions, joint ventures, and access to new markets.