Billions of Entrepreneurs: How China and India Are Reshaping Their Futures and Yours

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Author: Tarun Khanna

ISBN-10: 1422103838

ISBN-13: 9781422103838

Category: Asia - International Business

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China and India are home to one-third of the world's population. And they're undergoing social and economic revolutions that are capturing the best minds--and money--of Western business. In Billions of Entrepreneurs, Tarun Khanna examines the entrepreneurial forces driving China's and India's trajectories of development. He shows where these trajectories overlap and complement one another--and where they diverge and compete. He also reveals how Western companies can participate in this development. Through intriguing comparisons, the author probes important differences between China and India in areas such as information and transparency, the roles of capital markets and talent, public and private property rights, social constraints on market forces, attitudes toward expatriates abroad and foreigners at home, entrepreneurial and corporate opportunities, and the importance of urban and rural communities. He explains how these differences will influence China's and India's future development, what the two countries can learn from each other, and how they will ultimately reshape business, politics, and society in the world around them.Engaging and incisive, this book is a critical resource for anyone working in China or India or planning to do business in these two countries. The Financial Times . . . earnest and entertaining . . .

Reimagining China and India     1FoundationsStatecraft: The Art, Science, and Illusion of Governing 2.4 Billion People     31Bias and Noise: Information Accessibility in China and India     53Fiat and Fairness: Why China Can Build Cities Overnight and India Cannot     69Manna and Miasma: Meanderings Through the Chinese and Indian Financial Firmaments     91EnterpriseInfosys and TCL: Unshackling Indigenous Enterprise     121Microsoft and Metro: Views from the World's Corner Offices     141Diaspora Dividends: Paragons and Pariahs from the Overseas Chinese and Indians     167Village Engineering and Reengineering: In Search of Rural Fortunes     189Barefoot Doctors and Medical Tourists: Futile Attempts to Confront the Grim Reaper     213FutureOld and New Roads to Mandalay: Hard Power in Burma and Beyond     237Film Stars and Gurus: Soft Power in Bollywood and Beyond     257Buddha and Software: Old Links and New     277Corporate Bridges: Linking China, India, and the West     295Notes     313Acknowledgments     335Index     339About the Author     353