Billions of Entrepreneurs in China and India
Tthe world 2 nations with the highest population, China and India have been somehow asleep. But now, as professor Tarun Khanna says in his book:” both societies ‘have woken up’, and the results could reshape business, politics, and society worldwide”.
"In some sense people in these societies are running faster than their rules and laws can keep up. So they are creating the rules as they go along." says Khanna.
We are at the point where half the world's population lives in cities. There is an ongoing debate, if the quality of life is better in cities or in rural areas.
But if we look at the migratory patterns of human beings in recent times, it is very cleare that people move from rural to urban areas in search of better economic conditions. In India, (after a small research) the social and economic indicators show that life is better in the cities than in rural areas.
Is it easier to be an entrepreneur in a city?
In my opinion the answer depends on the meaning conected to the term "entrepreneur." In the more narrow sense of starting a business, then yes, it's easier to start in the city due to better infrastructure and support. But as we have discussed in our class and under us, if entrepreneurship means doing things in new and clever ways, there are lots of stories where people with innovative ideas and initiative have started their own business in rural aereas!
In my opinion in both countries China and India I don't think there is any reason to think there is less entrepreneurship in rural areas.
BUT, (for example in India) connected with the short presentation from our Indian friend Razh, cast influence very much the entrepreneurship in this big Country, however in my opinion Caste in India is both less important and more important than it used to be and maybe in some sense business can be the best and natural leveler between the castes.
Br
Idi SULO
The answer for the question i.e. is it necessary to move from rural areas to urban areas to make investment? is mainly determined by the investments plans of the state and the big private companies as well.for instance, in Western Eurpoean Countries, the business plants are across the country and thus people aren't forced to move to other cities as it has happened in some developing countries where 20-30% of population live in a big city,more correctly in a big village! I call it "big village" due to insufficient infrastructure,bad living conditions.In those countries,production resources in rural areas are usually used at low capacities or are not used at all and they spend a considerable amount of their earnings to import some elementary goods from abroad.
YanıtlaSilRegarding the role of business as a leverer between the casts in India,I can say that it is a very low possibility.Becasue, it is something more related with prospective changes in social and political structure rather than economic ones.
Dear Idi,
YanıtlaSilYour point of view on the book was thought provoking. I think that business development in rural and urban areas is a very disputable topic. Related to Indian castes, I found them very strange and in some sense racism related. It is incredible how people from the same country can be so racist and discriminate each other in that way...
BR,
Erisa