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

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.

Business & Money

Gregory, Neil

Nollen, Stanley

Tenev, Stoyan

Economics

Stanford Economics and Finance

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.

China's economy has grown rapidly over the past decade. At the same time, it has undergone a fundamental change, from complete reliance on state-owned and collective enterprise to a mixed economy where private enterprise also plays a strong role. By 1998 the domestic private sector had grown to about 27 percent of gross domestic product, making it second to the state enterprise sector in economic importance. A constitutional amendment in 1999 formally recognized this shift, thereby laying the foundation for the private sector to emerge from the shadows and play a prominent role in China's future development.This study was undertaken in partnership with the State Economic and Trade Commission (SETC) and draws on fieldwork in China in the summer of 1999, along with discussions at a conference in Beijing in April 2000. It also draws on IFC's and the World Bank Group's global experience in promoting private sector development. It offers business owners, managers, and policymakers assistance in identifying an action agenda to help reduce present constraints and enhance the available opportunities.

China's Emerging Private Enterprises: Prospects for the New Century

Wagle, Dileep M.

World Bank Publications

New Industries from New Places: The Emergence of the Software and Hardware Industries in China and India

Software comes from India, hardware comes from China. Why is that? Why did China and India take such different paths to global dominance in new high-tech industries? Will their paths continue to diverge or converge? How can other countries learn from their successes--and failures--in reaching global scale in new industries? To answer these questions, this book presents the first rigorous comparison of the growth of the IT industries in China and India, based on interviews with over 300 companies. It explains the different growth paths of the software and hardware sectors in each country, providing insights into the factors behind the emergence of China and India as global economic powers. It provides a compelling case study of how differences in economic policies and the investment climate affect industrial growth. This book sheds new light on common debates on 'China versus India', on why India is the software capital of the world while China is a manufacturing powerhouse. It refutes common myths about the growth of these industries―for example, the role of Non-Resident Indians or the Y2K problem in the growth of the Indian software industry, the role of government intervention in industrial growth, and the relative size of China and India's software industries.

Nollen, Stanley D.

Press, Stanford University

Software comes from India, hardware comes from China. Why is that? Why did China and India take such different paths to global dominance in new high-tech industries? Will their paths continue to diverge or converge? How can other countries learn from their successes – and failures – in reaching global scale in new industries?To answer these questions, this book presents the first rigorous comparison of the growth of the IT industries in China and India, based on interviews with over 300 companies. It explains the different growth paths of the software and hardware sectors in each country, providing insights into the factors behind the emergence of China and India as global economic powers. It provides a compelling case study of how differences in economic policies and the investment climate affect industrial growth.This book sheds new light on common debates on 'China versus India', on why India is the software capital of the world while China is a manufacturing powerhouse. It refutes common myths about the growth of these industries – for example, the role of Non-Resident Indians or the Y2K problem in the growth of the Indian software industry, the role of government intervention in industrial growth, and the relative size of China and India’s software industries.

See the best price to sell, buy, or rent books by Gregory, Neil. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Gregory, Neil

See the best price to sell, buy, or rent books by Gregory, Neil. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

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

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

China's Emerging Private Enterprises: Prospects for the New Century

New Industries from New Places: The Emergence of the Software and Hardware Industries in China and India

New Industries from New Places: The Emergence of the Software and Hardware Industries in China and India