India in the global software industry: innovation, firm strategies and development

India in the Global Software Industry investigates India's IT industry, which is expected to be an engine of growth. By showing how India can become internationally competitive in the IT industry, it also offers an avenue for India to tackle the massive needs of all its people in the increasingly globalized, post-WTO world economy. India has many of the necessary ingredients for competitiveness a large diversified scientific-skills pool, an extensive network of higher education institutions and an array of centres of excellence in R&D. However, to remain internationally competitive, India must keep abreast of rapid technological developments by adopting a more development strategy. In this spirit this volume examines the Indian IT industry, especially the software sector, and brings out the structural and market challenges it faces, the policies to deal with them and the organizational and strategic means to resolve these challenges internally. The book also considers how external factors, such as transnational links with foreign firms, markets and India-born entrepreneurs overseas, become significant sources of innovation in India.