Worth noting 20 business elite.docVIP

 PAGE \* MERGEFORMAT 44 Worth noting 20 business elite In the recent United States ‘foreign policy’ (Foreign Policy) magazine, was born in China, Massachusetts Institute of Technology political scientist Huang Yasheng and from the Harvard professor Tarun Khanna, India has proposed a controversial point: the future belongs to India not China. This is obviously contrary to the vast majority of people’s views. China’s economic development faster, developed infrastructure, and the people more prosperous. But the two professors have stressed that India has something China does not possess, it is to compete with Europe and the United States first-class companies, such as the software company Infosys Technologies Ltd. And pharmaceutical companies, Dr. Reddy’s Laboratories Ltd.. Despite the lack of a modern economy, India’s hardware, but it has more advanced than China’s modern economy of software, including the courts, financial systems and business colleges. Is well known that a flood of foreign direct investment contributed significantly to China’s development. However, Professor Tarun Khanna thought: ‘China welcomes multinational companies to use so that domestic entrepreneurs relegated to secondary status. ‘Despite the fact this situation is changing. In short, these two scholars believe: ‘home-grown entrepreneurs likely to be more in India than China, a long-term advantages. ‘ In the latest edition of the World Economic Forum ‘Global Competitiveness Report’, their views have been part of the verification. The competitiveness of China’s micro-behind India. Involving 80 countries of the company’s operations and strategy ranking and the quality of national business environment rankings, China ranked only 38th. In the technological innovation indicators, but also falls on 61. Whether we accept that globalization is changing our competitive business environment, enterprises put forward higher requirements, which means that we need more innovative capabilities and