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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.
Posted March 24, 2008
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.Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.