Tony Corley: economist and business historian

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Tony Corley: economist and business historian Thomas Anthony Buchanan Corley (1923-2018) played a leading role in the development of business history in the UK. Born in Croydon, Surrey, Tony attended Dulwich College, a boys public school in South London. Following a naval career in World War II, joining as a volunteer in 1942, he graduated in history from Oxford University. He worked at the Bank of England and then the Bank of Iraq in Baghdad. This was followed by a research fellowship at Cambridge and a Lectureship at Queen s University, Belfast. In 1963 he was appointed Lecturer in Political Economy in the Faculty of Letters at the University of Reading. In 1964 he moved to the newly-established Department of Economics, whose foundation professor was John Dunning (1927-2009). In 1968 he was promoted to Senior Lecturer. He retired in 1988, when his vacant post was redefined as a Readership in Business History, to which Geoffrey Jones was appointed the following year. Tony was a staunch supporter of Geoff Jones s initiatives in teaching and research, and of John Dunning s research programme in international business studies. In 2005 he was awarded a D.Litt. by the university for his contribution to business history research. Until a couple of years before his death he was still active in research, and was honorary Associate Professor in the university s Henley Business School. Tony suffered a tragic bereavement early in life, when his wife s premature death left him to bring up four young children as a single parent. Once his family had grown up he supercharged his research career, and in his seventies and eighties was one of the most prolific publishers in the Department of Economics. Tony was a polymath. He published a biography of Napoleon III, and articles on Jane Austen and her family. Within the social sciences, he published not only on business history but on entrepreneurship, multinational enterprise and local history, with special reference to Reading in the nineteenth century. He was working on a history of Reading industries, which sadly was uncompleted at the time of his death. Tony made an important intellectual contribution by integrating the theoretical and practical aspects of entrepreneurship. While conventional economic theory, he believed, provided a useful framework for understanding how firms in an industry competed on price, he did not consider it helpful in understanding the life cycle of firms. Historical studies, he maintained, highlighted the significance of personal factors and in particular the personality of the individual entrepreneur. Tony believed that systematic business history research could accumulate a body of evidence that would facilitate the emergence of a grounded and thoroughly relevant economic theory of the entrepreneur. His own research represents a notable advance towards this goal. There are some aspects of Tony career which only a few people fully appreciated. One was his dedication to supporting doctoral students and early career researchers. He informally advised and mentored many young scholars in the Department of Economics and the Henley 1

Business School, even though he was neither their formal mentor nor supervisor. Another is the remarkable fact that he contributed 101 business biographies to the Oxford Dictionary of National Biography, published online in 2004, with later updates added periodically. Indeed, it could be said that it was Tony, more than anyone else, who introduced the entrepreneur into a dictionary previously pre-occupied with the landed aristocracy and political elite. To identify his contributions, search for contributor corley on the website. Tony Corley was an impeccable scholar, who gave a great deal of thought to everything he published. He distilled his thoughts into highly readable prose, which was accessible to practitioners in every discipline. He was shy, but always friendly, and willingly gave his support to others without seeking to take credit for himself. Tony provided much needed intellectual continuity in volatile times. He was open to new ideas, but never forgot the traditional values exemplified by his own research. Select list of publications Books Democratic Despot: A Life of Napoleon III, London: Barrie & Rockliff, 1961. xi, 402pp. Domestic Electrical Appliances, London: Jonathan Cape, 1966. 160pp. Studies in British Industry, no. 1. Quaker Enterprise in Biscuits: Huntley and Palmers of Reading, 1822-1972, London: Hutchinson, 1972, xvi, 320pp. A History of the Burmah Oil Company, Vol. 1: 1886-1924; Vol. 2: 1924-66, London: Heinemann, 1983-8, xii, 416pp. Beechams, 1848-2000: From Pills to Pharmaceuticals, Lancaster: Crucible Books, 2011, xvi, 322pp. Booklets: Some notes on the Reading Iron Works Ltd (Barrett, Exall & Andrewes) 1818-87, 1973. 18pp. Towards a history of tin-printing: some further signposts, Journal of the Printing Historical Society, 9, 1975, pp. 1-5 The Road to Worton Grange, 1980. 20 p. [Biography of the Simonds family, brewers.] H. & G. Simonds. Ltd.: the story of the Bridge Street Brewery, Reading, 1785-1980 [Updated edition of above by Raymond Simonds to commemorate the unveiling of the H. & G. Simonds Ltd., Kennet Riverside information board] 20 p. 2

Articles: The Earliest Reading Bank: Marsh, Deane & Co., 1788-1815, Berkshire Archaeological Journal, 66, 1971-2, pp.121-8 Barrett, Exall & Andrewes Iron Works at Reading: The partnership Era 1818-64, Berkshire Archaeological Journal, 67, 1973-4, pp.79-87 Simonds Brewery at Reading 1760-1960, Berkshire Archaeological Journal, 68, 1975-6, pp.77-88 A Small Berkshire Enterprise: J. Dymore Brown and Son 1831-1944, Berkshire Archaeological Journal, 69, 1977-8, pp.73-80 The celebrated Reading Sauce: Charles Cocks and Co. Ltd. 1789-1962, Berkshire Archaeological Journal, 70, 1979-80, pp.97-106 The old breweries of Berkshire, 1741-1984, Berkshire Archaeological Journal, 71, 1981, pp.79-88 Consumer Marketing in Britain 1914 60 Business History, 29 (4), 1987, pp.113-130 Competition and growth of advertising in the US and Britain, 1800-1914, Business and Economic History, 17 (1988), 155-167. Free-Standing Companies, their Financing, and Internalisation Theory, Business History, 36 (4), 1994, 109-117 Jane Austen's schooldays, The Jane Austen Society, Report for 1996, pp. 10-20 The making of a Berkshire entrepreneur: Martin Hope Sutton of Reading 1815-40, Berkshire Archaeological Journal, 74, 1991-3, pp.135-43 A Berkshire entrepreneur makes good: Martin Hope Sutton of Reading 1840-1871, Berkshire Archaeological Journal, 75, 1994-7, pp.103-110 A Berkshire entrepreneur's final years: Martin Hope Sutton of Reading 1871-1901, Berkshire Archaeological Journal, 76, 2003, pp.94-101 [History of Sutton & Sons, seed merchants in Reading] Jane Austen's real, honest, old-fashioned boarding-school : Mrs. la Tournelle and Mrs. Goddard, Women's Writing, 5(1), 2006, pp.113-130 [With Andrew C. Godley] The veterinary medicine industry in Britain in the twentieth century, Economic History Review, 64(3), 2011, pp. 832-854 Contributions to books: 3

Strategic factors in the growth of a multinational enterprise: The Burmah Oil Company, 1886-1928, in Mark Casson (ed.) The Growth of International Business, London: Allen & Unwin 1983 (New ed.: Routledge, 2013) pp.214-235 Nutrition, technology and the growth of the British biscuit industry, 1820-1900, in D. Oddy and D. Miller (eds.), The Making of the Modern British Diet (London, 1976), 13-25 [With John H. Dunning and John A. Cantwell] The theory of international production: Some historical antecedents, in Peter Hertner and Geoffrey Jones (eds.) Multinationals: Theory and History, Aldershot: Gower Press, 1986, pp.19-41 John Dunning s contribution to international business studies, in Peter J. Buckley and Mark Casson (eds.) Multinational Enterprises in the World Economy: Essays in honour of John Dunning, Cheltenham: Edward Elgar, 1992, pp.1-19 & 233-247 The entrepreneur: The central issue in business history? in Jonathan Brown and Mary Rose (eds.) Entrepreneurship, Networks and Modern Business, Manchester: Manchester University Press, 1993, pp.11-29 Marketing and business history: in theory and practice, in Richard S. Tedlow and Geoffrey Jones (eds.) The Rise and Fall of Mass Marketing, London: Routledge, 1993, pp.93-115 Reading in the eighteenth century and Victorian times, in M. Petyt (ed.), The Growth of Reading (Stroud, 1993), 83-107. The free-standing company in theory and practice, in Wilkins, Mira and Harm Schröter (eds.) The free-standing company in the world economy, 1830-1996. Oxford: Oxford University Press, 1998 Historical biographies of entrepreneurs, in Mark Casson, Bernard Yeung, Anuradha Basu and Nigel Wadeson (eds.) Oxford Handbook of Entrepreneurship, Oxford: Oxford University Press, 2006, pp.138-160 Discussion papers From national to multinational enterprise : the Beecham business 1848-1945, Reading : University of Reading, Department of Economics, Discussion papers in international investment and business studies, no. 76, 1983, 29pp. With John A. Cantwell and John H. Dunning. The theory of international production: some historical antecedents, Reading: University of Reading, Department of Economics, Discussion papers in international investment and business studies, no. 88, 1985. 4

Multinational studies at Reading and elsewhere, 1960-1980. Reading: University of Reading, Department of Economics, Discussion papers in international investment and business studies no.100, 1987 Progress in multinational studies: at Reading and elsewhere, 1981-1986, Reading : Reading University, Department of Economics, Discussion papers in international investment and business studies, no. 120, 1989, 35pp.[Continuation of No.100]. Multinational theory and business history : a study in method, Reading: University of Reading, Department of Economics, Discussion papers in international investment and business studies, no. 150, 1992. 36pp. Foreign direct investment and British economic decline, 1870-1914, Reading : University of Reading, Department of Economics, Discussion papers in international investment and business studies, no. 176, 1993, 28pp. Britain's overseas investments in 1914 revised, Reading : University of Reading, Department of Economics, Discussion papers in international investment and business studies, no. 177, 1993, 19pp. The free-standing company: in theory and practice, Reading: University of Reading, Department of Economics, Discussion papers in international investment and business studies, no. 200, 1995, 23pp. The British pharmaceutical industry since 1851, University of Reading, Department of Economics, Discussion papers in economics and management series A, 1999, 33pp. George Unwin: a Manchester economic historian extraordinary, Reading: Henley Business School, 2002, 43pp. Other papers: 101 contributions to the Oxford Dictionary of National Biography, Oxford University Press, 2004. Mark Casson Professor of Economics University of Reading 5