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

ISBN: 1422103838

ISBN13: 9781422103838

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

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Book Overview

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.

Customer Reviews

5 ratings

China and India: beyond the hard numbers

What is different in Khana's book to the several good China and India Business books? This book is not only about hard numbers involving 2,4 billion people. It's about general culture and business culture. The book cover the understanding on how this countries approach business and how other countries approach doing business in their territory. It's about how current policy changes are impacting business and what are the next implications of the fast pace changing process occurring in the last couple of years. The abundance of real stories and cases make every part of the book rich and easy to read. So, if you are involved in any way with China or India business, this is a must read book.

A must read for anyone with interest in global business and society

While there are lots of books on what's happening in India and China, this one goes into the "Why" of it. Anecdotes make the analysis and wealth of knowledge easily traversable and enjoyable. Author gives a very comprehensive picture of two very diverse economies from a range of dimensions of economy, politics, history and society. A book that not only enables one to explain the present but gives capabilities to visualise the potential and means that exist for future of these two huge economies.

China and India are changing our world - a broad perspective

Khanna provides a broad and deep perspective on how China and India are changing the world we live in. This book is an easy read - and not just for area experts, businessmen, or academia - but for anybody and everybody who not only wants to understand what to expect from the world in the very near future, but how to successfully compete in this new world.

A terrific book

I just finished reading the book, which I found to be terrific. The amount of field research and analysis which has gone into the book is amazing and I surely felt intellectually richer by going over the content. What I liked about the book were the details shared about different routes India and China have taken to enter and compete in the global economy, and how that has resulted in their gaining complimentary strengths, leading to success in 'hard' infrastructure related industries for China, while India showing strength in 'soft' infrastructure related ones. It is critical for MNCs to appreciate the emerging prowess of several local firms in both countries and also recognize the complementary nature between the two countries before it's too late for them to benefit from the rewarding environment. Interesting insight was author's study of 30 Asian multinational subsidiaries (in China and India) who seem to be doing equally good in both countries. Also, although FDI in India has seen moderate growth (as compared to China), I believe Indian companies and private equity players are filling the vacuum for investments needed and taking bolder and bigger bets which shows immense confidence they have than in the country's potential. Enjoyed reading the book and will recommend to anyone who wants to get a complete picture on two emerging economic powers in terms of their strengths and weaknesses.

Amazingly racy storytelling which comprehensively covers all aspects of the two nations

Absolutely recommended for anyone remotely connected with India and China. The storytelling style is amazing. The book covers the history, the progress in recent times, the similarities and dissimilarities in a truly eye opening fashion. The comparative examples be it in terms of development of cities, birth of large global corporations, the contrasting political framework, the press and media functioning, influence of the large non-resident population, education systems, healthcare systems, etc make for very interesting reading. Even as an informed Indian, there were many things I learnt for the first time.
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