> To obtain capital for expansion, Arkwright formed a partnership with Jedediah Strutt and Samuel Need, wealthy nonconformist hosiery manufacturers.
This goes to u/qikInNdOutReply's point (cross-thread) about citizens with venture capital.
Knowing nothing about this, my hunch is there were many prerequisites.
Another interesting aspect (to me) is how some innovations (efforts) manage to avoid being snuff in their cribs. Everett's whole Diffusion of Innovation about the sociology of it all.
This goes to u/qikInNdOutReply's point (cross-thread) about citizens with venture capital.
Knowing nothing about this, my hunch is there were many prerequisites.
Another interesting aspect (to me) is how some innovations (efforts) manage to avoid being snuff in their cribs. Everett's whole Diffusion of Innovation about the sociology of it all.