Grupos empresariales en la España contemporáneaEl Grupo Urquijo, 1851-1982
ISSN: 1405-2253, 2007-3496
Year of publication: 2015
Volume: 22
Issue: 2
Pages: 160-197
Type: Article
More publications in: América Latina en la Historia Económica
Abstract
This article examines the historical path of Urquijo, one of the largest business groups in Spain in 20th century in Spain. Urquijo constitutes a representative example of business organizational model created by some Spanish universal banks in the late nineteenth and early twentieth centuries. The article shows that this type of economic organization played a significant role in Spain’s industrial development by promoting entrepreneurship and ensuring its long-term growth through the provision of three essential resources: permanent funding, imported technological capabilities, and technical and managerial human capital.