How did Bangalore become the biggest IT hub in India and why was no other Indian city able to compete with it? I have lived in the city all my life so far and have witnessed the city grow a lot in a span of 15 years.
The region's dense social networks and open labor market encourage entrepreneurship and experimentation. Companies compete intensely while learning from one another about changing markets and technologies through informal communication and collaboration.
Aug 16, · Natasha Jain, 28, is one of them. Originally from Ambala in Northern India, she graduated with a master's degree from Stanford University . The Silicon Valley of India In recent times, Bangalore has become one of the biggest IT hubs in India. This growth has earned it the nickname of “Silicon Valley of India,” a reference to the original Silicon Valley in Santa Clara Valley, California. The origin and evolution of India’s Silicon Valley By the early s, Bangalore had became a hot destination with about 1, multinational IT companies establishing a presence in the city—all of them lured by the highly educated pool of human resources.
In a network-based system, the organizational boundaries within companies are porous, as are the boundaries between companies themselves and between companies and local institutions such as trade associations and universities. The Route region is dominated by a small number of relatively vertically integrated corporations.
Its industrial system is based on independent companies that keep largely to themselves. Secrecy and corporate loyalty govern relations between companies and their customers, suppliers, and competitors, reinforcing a regional culture that encourages stability and self-reliance.
Corporate hierarchies ensure that authority remains centralized, and information tends to flow vertically. The boundaries between and within companies, and between companies and local institutions, thus remain distinct in the independent-company-based system. The performance of Silicon Valley and Route in the past few decades provides insights into regional sources of competitiveness.
Far from being isolated from what's outside them, companies are embedded in a social and institutional setting -- an industrial system -- that shapes, and is shaped by, their strategies and structures.
Understanding regional economies as industrial systems rather than as clusters of producers, and thinking of Silicon Valley and Route as examples of the two models of industrial systems -- the regional-network-based system and the independent-company-based system -- illuminate the different fates of the two economies Geography probably played as critical role in this rate as the informal social contacts.
The spatial concentration of a large number of technology-based firms enabled people to change employers without altering other aspects of their lives.
When a person left one firm in Palo Alto for another, there was no need to move one's residence or take one's kids out of a particular school district to enter a different firm. The attitude of the Valley served as a catalyst for this risk-taking. In many cases, a small coterie of employees in a firm dissatisfied with their current place of employment would gather together after work to tinker around with some of their own ideas.
They would then develop a business plan, acquire funds from venture capitalists, and seek advice from local academic sources. If they succeeded they were heroes.
If they failed, many employers were located in the same town or in a neighboring community Saxenian As people in the region became occupationally mobile, their roles became interchangeable: The result is that the engineers developed strong loyalties to technology and their fellow engineers and scientists while possessing far less allegiance to a single firm Saxenian Although it may seem paradoxical that such cooperation would occur under such obviously competitive circumstances, Saxenian notes the motto of the region: Applied scientific research was constantly reworked to develop market goods.
It is not surprising that rapid changes led to industrial diversification and contributed to the flexibility and resilience of the economic region Saxenian Published: Mon, 5 Dec Huawei Technologies was founded in by Ren Zhengfei who is a former People’s Liberation Army officer and telecom engineer.
It was incorporated as a private enterprise which manufactures telecommunications equipments for domestic Chinese companies at a much lower price than its international competitors. Add this topic to your myFT Digest for news straight to your inbox. Dissecting “The World Is Flat”, Thomas L.
Friedman “I was in Bangalore, India, the Silicon Valley of India, when I realized that the world was flat.”. Bangalore,"technology hub of the East" is the outsourcing capital of the world and India's very own silicon valley continues to top the offshoring league even after 25 years of outsourcing.
High-Tech Workers in the Silicon Valley Essay; High-Tech Workers in the Silicon Valley Essay. Words 11 Pages. Brief History of the Valley The Silicon Valley area became a major manufacturing power after World War II.
The Cold War furthered this development, as industries involved in defense, aerospace, steel, oil, automobiles, and so on. Beggars stage to the silicon, there’s room not merely to equal Silicon Valley, singapore seems very aware of the importance of encouraging startups.
There’s less risk in starting your own company, immigration policy is one area where a essay on traditional games of india could do better.