From the era of Nehru and Bhabha

From the era of Nehru and Bhabha

... to the age of outsourcing

... to the age of outsourcing

Tuesday, March 18, 2014

Reviving Business History in India - new paper from IIMB quotes author of The Long Revolution


"Emphasising the need to seek answers to some relevant questions, Mr Sharma suggested that if one looked at the top companies and tried to investigate the historical policy context that led them to their present position, it is very likely that interesting insights would emerge which are often missed otherwise. For instance, in the context of the developments in the IT industry in the past 40 years which he had catalogued, Mr Sharma maintained that there still remained some interesting questions about the IT industry that could be looked at. As an example, he pointed out that tracing the history of TCS, the largest software company in India, to identify its origins, would lead to the abolishment of the managing agency system, that forced the Tatas to look for an alternate revenue stream, which they found in Tata Data Centre, that later became TCS. A few other themes were suggested for detailed study by Mr Sharma.
The role of state entrepreneurship in IT – the context that led to the setting up of state enterprises like Electronic Corporation of India Limited and CMC, the reasons behind the commercial success or failure of such attempts at state entrepreneurship.
The new legion of entrepreneurs who are creating new types of businesses such as cut flower business, renewable energy, Ayurvedic drugs, medical tourism, low cost aviation, dot com businesses, and so on, thus reshaping the traditional business landscape.
How the idea of creating industrial estates, electronic cities, hardware technology parks, software technology parks, and electronic cities came about and the reasons for their success, growth or failure.
Themes of research thrown up by the knowledge economy – for example the study of the rise of new industry sectors such as the IT industry, biotechnology, and the emergence of companies in these industries in the last 20–25 years that have contributed significantly to the growth of GDP, the policy environment and the influences in these industries  ......"
Read the full paper here:
http://www.sciencedirect.com/science/article/pii/S0970389614000135