Book review
For the first time since the rise of Western capitalism, entrepreneurs in China and India can ignore New York and London—and still build companies worth billions. Thanks to social and economic revolutions, Asia has captured the best minds and money from all around the world.





In Billions of Entrepreneurs, Tarun Khanna uses on-the-ground stories and thorough research to show how China and India are embracing the world on their own distinct terms. Entrepreneurs are powering change through new business models and bringing hope to countless people. Through intriguing, often provocative comparisons of triumphs and travails in both countries, the author illuminates such critical areas as:







The challenges of governing 2.4 billion people with entrepreneurial tendencies



The need for information accessibility, transparency, and reliability



The balance between private property rights and public interests



The need to encourage and fund indigenous enterprise



The role of overseas Chinese and Indians in development back home



The rise of medical tourism and the inequality of health care







This book reveals how such differences will influence China’s and India’s future development as well as what the two countries can—and must—learn from each other today. A compelling account, Billions of Entrepreneurs paints a vivid picture of how China and India are reshaping business, politics, and society around the world.

About the author Tarun Khanna is the Jorge Paulo Lemann Professor at the Harvard Business School. He works with entrepreneurs, companies, and NGOs in emerging markets worldwide. In 2007, he was elected a Young Global Leader by the World Economic Forum.