Organizational Invention and Elite Transformation: The Birth of Partnership Systems in Renaissance Florence1

  title={Organizational Invention and Elite Transformation: The Birth of Partnership Systems in Renaissance Florence1},
  author={John F. Padgett and Paul D. McLean},
  journal={American Journal of Sociology},
  pages={1463 - 1568}
The birth of a new form of business organization, the partnership system, in Renaissance Florence is examined closely in order to discover the social processes of invention in that extraordinarily inventive place. Stated generally, the processes of invention the authors discover there are transposition, refunctionality, and catalysis across multiple social networks. Specifically, political co‐optation of cambio bankers in the aftermath of the Ciompi revolt induced the transposition of domestic… 
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