ENGLISH

New Industries from New Places: The Emergence of the Hardware and Software Industries in China and India (World Bank East Asia)

By Stoyan Tenev , Neil Gregory , Stanley Nollen

Book information

Publisher
Stanford Economics and Finance
Year
2009
ISBN
0804762805, 9780804762809
DOI
10.1596/978-0-8213-6478-9
LCC
HD9696.63.C62 G74 2009
Open Library ID
OL22842226M
Language
english
Format
PDF
Filesize
3 MB (3217071 bytes)
Pages
278\278
Scanned
yes
Time added
2011-08-31 04:54:40

Description

Over the past 15 years, the twin giants of Asia—China and India—have jumped on the opportunity provided by the IT revolution to turbocharge their economic growth. India has become a software services powerhouse, while China churns out much of the world's IT hardware. How did these countries achieve global competitiveness so quickly? Why did software predominate in one and hardware the other?This book represents the first attempt to go beyond anecdote and generalization in discussing the unprecedented emergence of these new industries over such a short period. It presents the first rigorous comparison of the growth performance of hardware manufacturing and software services sectors in China and India. It examines the economic context and the business environment for private enterprise in China and India, and considers how far differences in economic policies or the business environment can go in explaining the observed distinctions between the two. The book concludes by evaluating explanations for the growth performance of hardware and software in each country, drawing conclusions for future economic policies and business strategies.

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