You are referencing an event more than 300 years later than the event I am speaking of. But yes, to your point, much of what was necessary to the Industrial Revolution was pioneered by the Dutch during the 1600s: contracts, fair and impartial courts, the end of legal immunity for the nobility (regarding civil contracts), modern finance, modern insurance, advanced transport, modern storage facilities, etc. This is also covered by the historian Fernand Braudel, who is worth reading.