Chapter Bookkeeping as a ‘key technology’ of pre-modern commerce. Its relevance for the eco-nomic development in Europe
It is the aim of this paper to analyse the importance of (double-entry) bookkeeping for the economic development in Europe and its possible indirect influence on economic growth. Being one of the most important commercial techniques of the European merchants double-entry bookkeeping stayed in close...
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| Fformat: | Online |
| Iaith: | Saesneg |
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Firenze University Press
2023
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| Pynciau: | |
| Mynediad Ar-lein: | ONIX_20230803_9791221500929_22 |
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Dim Tagiau, Byddwch y cyntaf i dagio'r cofnod hwn!
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| _version_ | 1869515837498458112 |
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| author | Denzel, Markus A. |
| author_browse | Denzel, Markus A. |
| author_facet | Denzel, Markus A. |
| author_sort | Denzel, Markus A. |
| collection | Directory of Open Access Books |
| description | It is the aim of this paper to analyse the importance of (double-entry) bookkeeping for the economic development in Europe and its possible indirect influence on economic growth. Being one of the most important commercial techniques of the European merchants double-entry bookkeeping stayed in close relationship to the expansion of trade. So, the distribution of different bookkeeping techniques all over Western and Central Europe, took place, on one hand, through the extensive commercial contacts of Italian merchant-bankers with merchants of regions north of the Alps and because of the need of many non-Italian merchants to consolidate their commercial knowledge in Italy through specific studies and/or through acquiring practical knowledge. On the other, treaties on (double-entry) bookkeeping supported its diffusion. The study analyses examples of ledgers as ‘mirrors’ of their enterprises’ activities, and it will be shown how such ledgers served as instruments for reducing various risks of entrepreneurial engagement. As a result it will become clear that the knowledge of the technique of double-entry bookkeeping was one of the preconditions of the commercial and, later on, the industrial expansion of the Europeans, which made a significant difference to other merchant cultures in the world. |
| format | Online |
| id | doab-20.500.12854ir-111997 |
| institution | Directory of Open Access Books |
| language | eng |
| publishDate | 2023 |
| publishDateRange | 2023 |
| publishDateSort | 2023 |
| publisher | Firenze University Press |
| publisherStr | Firenze University Press |
| record_format | ojs |
| spelling | doab-20.500.12854ir-1119972025-07-17T10:01:29Z Chapter Bookkeeping as a ‘key technology’ of pre-modern commerce. Its relevance for the eco-nomic development in Europe Denzel, Markus A. Accounting (double-entry) bookkeeping commerce economic development entrepreneurial risk growth merchants’ treatises thema EDItEUR::J Society and Social Sciences::JH Sociology and anthropology::JHB Sociology thema EDItEUR::J Society and Social Sciences::JH Sociology and anthropology::JHB Sociology It is the aim of this paper to analyse the importance of (double-entry) bookkeeping for the economic development in Europe and its possible indirect influence on economic growth. Being one of the most important commercial techniques of the European merchants double-entry bookkeeping stayed in close relationship to the expansion of trade. So, the distribution of different bookkeeping techniques all over Western and Central Europe, took place, on one hand, through the extensive commercial contacts of Italian merchant-bankers with merchants of regions north of the Alps and because of the need of many non-Italian merchants to consolidate their commercial knowledge in Italy through specific studies and/or through acquiring practical knowledge. On the other, treaties on (double-entry) bookkeeping supported its diffusion. The study analyses examples of ledgers as ‘mirrors’ of their enterprises’ activities, and it will be shown how such ledgers served as instruments for reducing various risks of entrepreneurial engagement. As a result it will become clear that the knowledge of the technique of double-entry bookkeeping was one of the preconditions of the commercial and, later on, the industrial expansion of the Europeans, which made a significant difference to other merchant cultures in the world. 2023-08-08T04:20:38Z 2023-08-08T04:20:38Z 2023-08-03T15:02:55Z 2023 chapter ONIX_20230803_9791221500929_22 https://library.oapen.org/handle/20.500.12657/74826 9791221500929 https://directory.doabooks.org/handle/20.500.12854/111997 eng Datini Studies in Economic History open access image/png image/jpeg Attribution 4.0 International Attribution 4.0 International https://library.oapen.org/bitstream/20.500.12657/74826/1/9791221500929-14.pdf https://library.oapen.org/bitstream/20.500.12657/74826/1/9791221500929-14.pdf Firenze University Press 10.36253/979-12-215-0092-9.14 10.36253/979-12-215-0092-9.14 2ec4474d-93b1-4cfa-b313-9c6019b51b1a L’economia della conoscenza: innovazione, produttività e crescita economica nei secoli XIII-XVIII / The knowledge economy: innovation, productivity and economic growth, 13th to 18th century 9791221500929 27 Florence open access |
| spellingShingle | Accounting (double-entry) bookkeeping commerce economic development entrepreneurial risk growth merchants’ treatises thema EDItEUR::J Society and Social Sciences::JH Sociology and anthropology::JHB Sociology thema EDItEUR::J Society and Social Sciences::JH Sociology and anthropology::JHB Sociology Denzel, Markus A. Chapter Bookkeeping as a ‘key technology’ of pre-modern commerce. Its relevance for the eco-nomic development in Europe |
| title | Chapter Bookkeeping as a ‘key technology’ of pre-modern commerce. Its relevance for the eco-nomic development in Europe |
| title_full | Chapter Bookkeeping as a ‘key technology’ of pre-modern commerce. Its relevance for the eco-nomic development in Europe |
| title_fullStr | Chapter Bookkeeping as a ‘key technology’ of pre-modern commerce. Its relevance for the eco-nomic development in Europe |
| title_full_unstemmed | Chapter Bookkeeping as a ‘key technology’ of pre-modern commerce. Its relevance for the eco-nomic development in Europe |
| title_short | Chapter Bookkeeping as a ‘key technology’ of pre-modern commerce. Its relevance for the eco-nomic development in Europe |
| title_sort | chapter bookkeeping as a key technology of pre modern commerce its relevance for the eco nomic development in europe |
| topic | Accounting (double-entry) bookkeeping commerce economic development entrepreneurial risk growth merchants’ treatises thema EDItEUR::J Society and Social Sciences::JH Sociology and anthropology::JHB Sociology thema EDItEUR::J Society and Social Sciences::JH Sociology and anthropology::JHB Sociology |
| topic_facet | Accounting (double-entry) bookkeeping commerce economic development entrepreneurial risk growth merchants’ treatises thema EDItEUR::J Society and Social Sciences::JH Sociology and anthropology::JHB Sociology thema EDItEUR::J Society and Social Sciences::JH Sociology and anthropology::JHB Sociology |
| url | ONIX_20230803_9791221500929_22 |
| work_keys_str_mv | AT denzelmarkusa chapterbookkeepingasakeytechnologyofpremoderncommerceitsrelevancefortheeconomicdevelopmentineurope |