Originally Posted by
Dutch
From a business perspective, I think it is a mix of the aspects mentioned. One aspect however we might have overlooked is that engineering/production was dominated by patents, in this era of inventions and breakthroughs. The way to go for a producer would have been not much different than today (bit more hands on, crude maybe), identify potential markets, segments, customers/needs & competition before making any decisions. Then calculate expected ROI for every option before making serious investments with patent & design royalties as important components.
Although the Britannia design might have been a solid contender in the trials for a new potential BSA air rifle, the patents & design demands of its holders (Cox's & Bonehill?) might have simply been too substantial compared to LJ's. The moment LJ visited BSA in 1904 it is not more than common business sense that they must have considered alternative designs (afterwards or before) like the local Britannia etc. Knowing that the market for air rifles was there, they must have simply made business cases for all alternatives with LJ's design as a winning alternative (all aspects included).