National endowment and institutional environment! Why did Britain catch up with others in the era of European colonial expansion?

As the last country to join the era of colonial expansion, why can Britain catch up with Portugal, Spain, the Netherlands and other old colonial countries?

First of all, the British colonial expansion was relatively late, but fortunately, the country was very resilient. When Queen Elizabeth was in power, she ordered the establishment of a comprehensive Yu Ri, but Britain's own production was not enough, so she found a Newfoundland fishing ground in the North Atlantic. But at that time, the ship and navigation technology were not developed, and the harsh environment of Newfoundland fishing ground trained a large number of excellent sailors, which laid a solid material foundation for the later colonial expansion.

The industrial revolution initiated by Britain made the country's steam engine investment much higher than that of other colonial countries, and the steam engine used behind the ship had the conditions to go to sea, which had great advantages compared with Portugal and Spain.

Except for the first time, it was the institutional environment in Britain. Due to long-term historical reasons, Britain attached great importance to the perfection of the system after the reunification and took the lead in establishing the earliest patent system after the industrial revolution. Driven by huge interests, more and more patent holders have created countless wealth for this country.

At the same time, it also promoted the rapid development of British industry and commerce and raised Britain's national strength to a new stage. The perfect patent system has also attracted many excellent craftsmen from other European countries to Britain, further enhancing the overall strength of Britain. With the blessing of national endowment and institutional environment, Britain's colonial expansion was very smooth, and it successfully established its maritime hegemony and became an "empire."