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Wednesday, July 22, 2009

Entrepreneurs - East and the West

Entrepreneurs - East and the West

By Sheeroy Desai:

The fundamental structure of the global economy is shifting- from the West to the East. China and India are expected to lead the global recovery and as such venture capitalists are also shifting their focus to these countries. Hoping to find the next big ideas and companies.

At the heart of successful new companies lie successful entrepreneurs. And if India and China are going to produce the next Microsoft’s or Google’s of the world, do they have the entrepreneurs to create and grow such companies?

"The combination of the talent, culture and money in Silicon Valley makes it an incredible engine for fueling entrepreneurs and successful start-ups. So, coming back to the idea at the top of this blog, what will it take for China and India to produce the large volumes of entrepreneurs and start-up’s? It will come down to will the best talent in these countries turn down, the safe jobs to pursue their dreams and risk failure. Will there be enough of these entrepreneurs with large dreams and ambitions to build global giants?"

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