India has become a highly visible participant in the information communication technology (ICT) industry. Since the 1990s, it has been one of the fastest growing economies in the world, emerging as the most watched test of global capitalism. The contributors to this volume examine how the ICT-driven development of India appears to have skipped the middle stages of the traditional economic development models and leapfrogged directly to the final stage whereby growth is mostly technologically driven.
Information Communication Technology and Economic Development reveals new insights regarding the complex process of globalization. It shows how the generation and circulation of intellectual capital in the US and India in ICT have led to greater productivity in the US while facilitating the economic development of India. Most industrialized nations now see the vast intellectual capital-based services that India provides at extremely competitive rates as key to their own national competitiveness in the global arena. The contributors' findings suggest that India's ICT-led growth will accelerate in the next ten years, launching India as a major global economic power next to the US and China.
This provocative and timely volume will be a necessary read for students and scholars of international business, public policy, economic development, management and strategy as well as all those interested in the impact of globalization on national and regional economies.
Edited by Tojo Thatchenkery, Professor of Organizational Learning and Roger R. Stough, School of Policy, Government and International Affairs, George Mason University, US
Contents: 1. Introduction Tojo Thatchenkery and Roger R. Stough Part I: Information Communication Technology and Economic Development of India 2. Economic Development Theory and Practice: The Indian Development Experience Roger R. Stough, Kingsley E. Haynes and Maria Elena Salazar 3. Information Communication Technology and Economic Development: The Indian Context Tojo Thatchenkery, Roger R. Stough, Govindasamy Balatchandirane and Rupa Ranganathan 4. Recent Developments in India's Service Economy and the Role of the Information Technology Industry Cherian Samuel 5. An Analysis of Factors Responsible for the Indian Information Technology Sector Growth: Signaling Quality Aparna Sawhney Part II: Knowledge Spillovers and Innovation in the ICT Sector 6. Diffusion Innovation: A Pattern of Information Communication Technology Innovation in the Indian Economy Mary Mathew 7. Development through Knowledge: Capability Replication in Global Innovation Communities Gita Surie 8. Inimitability of Network Resources in the Research and Development Services Domain of the Indian Information Technology Industry Nagarajan Dayasindhu Part III: Industry Issues and Patterns 9. Creating Information Technology Industrial Clusters: Learning from Strategies of Early and Late Movers Kavil Ramachandran and Sougata Ray 10. Managerial Synergies and Related Diversification: Software Services and the Business Process Outsourcing Sector in India Suma Athreye and Vasanthi Srinivasan 11. Intellectual Property in the Indian Software Industry: Past Role and Future Need Stanley Nollen 12. Does India's Information Technology Industry Need Labor Mobility in an Age of Offshore Outsourcing? Ron Hira Index