Author: Tarun Khanna
Publisher: Penguin/Viking
Year: 2007
Language: English
Pages: 351
ISBN/UPC (if available): 0670081485
Description
For the first time since the rise of Western capitalism, entrepreneurs in China and India can ignore New York and London—and still build companies worth billions. Thanks to social and economic revolutions, Asia has captured the best minds and money from all around the world.
In Billions of Entrepreneurs, Tarun Khanna uses on-the-ground stories and thorough research to show how China and India are embracing the world on their own distinct terms. Entrepreneurs are powering change through new business models and bringing hope to countless people. Through intriguing, often provocative comparisons of triumphs and travails in both countries, the author illuminates such critical areas as:
The challenges of governing 2.4 billion people with entrepreneurial tendencies
The need for information accessibility, transparency, and reliability
The balance between private property rights and public interests
The need to encourage and fund indigenous enterprise
The role of overseas Chinese and Indians in development back home
The rise of medical tourism and the inequality of health care
This book reveals how such differences will influence China’s and India’s future development as well as what the two countries can—and must—learn from each other today. A compelling account, Billions of Entrepreneurs paints a vivid picture of how China and India are reshaping business, politics, and society around the world.
COMMENTS:
“In this book, which is both illuminating and fun to read, Khanna offers, insights that others have missed in their volumes of writing on China and India in the world.”
- Amartya Sen, Thomas W. Lamount University Professor and Professor of Economics and Philosophy, Harvard University winner of the 1998 Nobel Prize in Economics
“ We as a global community must foster the conditions that allow for business and government to create jobs and entrepreneurial opportunities for our youth in emerging markets. In this work, Khanna has brilliantly highlighted the importance of entrepreneurship in China and India, the next two great economic powerhouses.”
- James D. Wolfensohn, Chairman, Wolfensohn & Company, LLC; Former President, World Bank
“One of the keys to the twenty-first century is the rising power of the 2.4 billion ( an counting ) people in China and India. If you want to understand how those countries affect us (and each other ), then read this important book. Khanna tells a fascinating story in an engaging style.”
- Joseph S. Nye Jr. , University Distinguished Service Professor, Harvard University; Author, Soft : Power : The Means to success in World Politics
“We cannot comprehend today’s world without looking, at the rise of China and India – Asian giants with over a billion people each. Khanna’s insight is to recognize that China and India are like yin and yang. Understanding this is key to appreciating the boom in activity in both countries. Entrepreneurs really are reshaping our futures.
- Nandan M. Nilekani, Cochairman, Board of Directors, Infosys Technologies Ltd.
“ Refreshingly open-mined, original, and entertaining, Khanna’s Book paints a picture at once disillusioned, yet profoundly optimistic, of what the world can expect of China and India. Leaders who are staking part of their future – as Nestle is – on these two Asian Giants should read this book.”
- Peter Brabeck –Letmathe, Chairman and CEO, Nestle S.A.
Contents
ONE Reimagining China and India
PART 1 Foundations
TWO Statecraft
The Art, Science and Illusion of governing 2.4 Billion People
THREE Bias and Noise
Information Accessibility in China and India
FOUR Fiat and Fairness
Why China can build cities overnight and India Cannot
FIVE Manna and Miasma
Meanderings Through the Chinese and Indian Financial Firmaments
PART II Enterprise
SIX Infosys and TCL
Unshackling Indigenous Enterprise
Seven Microsoft and Metro
Views from the World’s Corner Offices
EIGHT Diaspora Dividends
Paragons and Pariahs from the Overseas Chinese and Indians
NINE Village Engineering and Reengineering
In search of Rural Fortunes
TEN Barefoot Doctors and Medical Tourists
Futile Attempts to confront the Grim Reaper
PART III Future
ELEVEN Old and New Roads to Mandalay
Hard Power in Burma and Beyond
TWELVE Film Stars and Gurus
Soft Power in Bollywood and Beyond
THIRTEEN Buddha and Software
Old Links and New
FOURTEEN Corporate Bridges
Linking China, India and the West
Notes
Acknowledgements
Index
About the Author