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Information Communication Technology and Economic Development

Learning from the Indian Experience Edited by Tojo Thatchenkery, Professor of Organizational Learning and Roger R. Stough, School of Policy, Government and International Affairs, George Mason University, US
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.
Extent: 256 pp
Hardback Price: £84.00 Web: £75.60
Publication Date: 2005
ISBN: 978 1 84542 175 5
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  • Development Studies
  • Development Economics
  • Development Studies
  • Economics and Finance
  • Development Economics
  • Innovation and Technology
  • Technology and ICT
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.
‘Information Communication Technology and Economic Development provides a quick and broad overview of the Indian ICT sector. With its exhaustive examination of the business management and industrial organisation of the ICT sector, it is a particularly useful tool for any researcher or policy analyst interested in a thorough analysis of the mechanics of the sector and the Indian context within which it operates.’
– Syud Amer Ahmed, Papers in Regional Science
Contributors: S. Athreye, G. Balatchandirane, N. Dayasindhu, K.E. Haynes, R. Hira, M. Mathew, S. Nollen, K. Ramachandran, R. Ranganathan, S. Ray, M.E. Salazar, C. Samuel, A. Sawhney, V. Srinivasan, G. Surie, R.R. Stough, T. Thatchenkery
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