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

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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.

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Editorial Reviews

The Economist
Well worth reading . . . .The eye of this business-school professor for interesting stories is sharp and he offers illuminating explanations of why India and China work in the ways that they do.
The Financial Times
. . . earnest and entertaining . . .
Foreign Affairs
. . . an objective and insightful comparison of China and India.
The Good: Casts light on why business is so different in the booming India and China
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Product Details

  • ISBN-13: 9781422103838
  • Publisher: Harvard Business Review Press
  • Publication date: 12/24/2007
  • Pages: 353
  • Product dimensions: 6.70 (w) x 9.40 (h) x 1.30 (d)

Meet the Author

Tarun Khanna is the Jorge Paulo Lemann Professor at the Harvard Business School in the Strategy group. He is a co-editor of the Journal of Economics and Management Strategy and the Journal of International Business Studies. He serves on the editorial boards of Administrative Science Quarterly, Strategic Management Journal, Organization Science, and the Asia-Pacific Journal of Management.
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Table of Contents

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

    Posted March 24, 2008

    Great Overview and Contrast

    Tarun Khanna's excellent book provides a socio-governmental-historical-cultural context to the very different development models adopted by India and China. The stories, interviews, memories and analysis are seamlessly interwoven and fun to read. This is not a book on how to to business in China or India but rather why they have developed so differently.

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