Page 585 - Le Operazioni Interforze e Multinazionali nella Storia Militare - ACTA Tomo II
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          ActA
          weren’t ready to catch the opportunities offered by modern technology and those who
          could have used it either didn’t want to or couldn’t.
             While the British industry could have built it’s resources starting from scratch,
          Germans were forced from the very beginning to create institutions aimed at moving
          scarce capitals and canalize them in a productive system that started from an advanced
          technical and organizational level.
             These  were bank equity  investments  and their  ever  tighter  collaboration  with
          manufacturing companies had to strongly influence the rhythm and character of German
          development.
             The “total gain” of this most important  branch of bank operations depended on
          finding and inventing industrial promotions. Ultimately, banks thus formed forced to
          plan and promote development in individual companies and to continually expand the
          entire industrial field.
             We can therefore conclude that Germany took the correct road for development,
          since the long wave of technological transformation favored methods and industries
          having high scientific intensity and capital and Germany had the social and cultural
          institutional system to help them develop.

          CHINA
             On the  threshold  of the  1400s China  came  this  close  to industrialization,  which
          instead characterized later on Western European history. From the 1200s to the 1400s,
          more or less, China saw the development of technological innovations in some important
          sectors, that Europe would see, in some cases, only centuries later.
             Specifically:
          1)  cultivation of rice brought forth technological progress in water administration;
          2  in agriculture:
              -   the iron plow, used in rice crops took the place of the ard (scratch plow);
              -   innovative  agricultural  tools and numerous practical  treaties  and manuals
                concerning agricultural technologies;
          3) in the industrial field, the fusion of iron and an initial production of steel, in textile,
              the making of a multi-spindle spinning wheel, not dissimilar to Hargreaves jenny.
              - note worthy developments in hydraulic engineering (in the 1280s vertical hydraulic
                wheels were already in use);
              -   paper;
          4) in time measurements (Su Sung’s “great cosmic machine” a water clock invented in
              1086, equipped with an exhaust mechanism, worked with the force of water. It was
              most likely the most highly sophisticated water clock ever built, measuring over 12m
              in height (over 39’4.5”) it would not only tell the time but also an impressive amount
              of astronomical variables such as the position of the moon and planets. Although it
              is not correct to see in these water clocks the ancestors of  European Mechanical
              Clocks, these tools surpassed anything 12th Century Europe could offer by far as far
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