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Tuesday, January 29, 2008

Billions Of Entrepreneurs

In a great book Billions of Entrepreneurs: How China and India Are Reshaping Their Futures and Yours by Tarun Khanna there are some insights on the two great economies + he compares China and India on a broad range of factors in entrepreneurship, including access to capital, freedom and reliability of information, governmental involvement, and infrastructure + the landscape of big, medium, and small entrepreneurship, including rural health-care initiatives and even Bollywood. I highly recommend it.

Here is what the description of Billions Of Entrepreneurs: How China and India are Reshaping Their Futures--and Yours says (via Harvard Business School Press):
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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