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More philosophy about India the 2nd biggest SOFTWARE Power in the WORLD..
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Amine Moulay Ramdane
Aug 27, 2021, 8:13:26 PM8/27/21
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Hello,
More philosophy about India the 2nd biggest SOFTWARE Power in the WORLD..
"India has a range of advantages compared to other countries that are also known for marginal labour costs. Besides low labour costs, an Indian programmer earns 10% of the wage of a comparable American programmer.
India offers well trained programmers which are at least as qualified as other programmers around the world. Furthermore, the infrastructure provided in India is advantageous. The advanced telecommunication system allows a fast connection with other countries all over the world. Another huge advantage is the English language being widely spread. All higher education is taught in English. The last important point which should be mentioned is the government which provides ideal conditions for new IT and other service companies - tax releases and other additional benefits are granted.
According to Ricardo’s theory, countries benefit from specialising in industries where the productivity of labour force is higher than in other countries. The trend of offshoring confirms the theory of comparative advantage. In our case, industrialised countries tend to offshore their services to India where IT labour are the country’s strength. Furthermore, the well developed Indian infrastructure and telecommunication system are facts proving the theory of Heckscher-Ohlin, which is built on comparative advantage, based on factor endowments in general which expands the Ricardo theory."
Read more here:
https://www.grin.com/document/70641
I invite you to look at the following very interesting video:
Why is INDIA the 2nd biggest SOFTWARE Power in the WORLD?
https://www.youtube.com/watch?v=FPZkNwhshiU
Also read the following:
The future of innovation is in software
I keep reading about how the future will be shaped by new cheaper fuel or amazing new medications. I believe that we are misreading the trends. Yes, we will have better medications and cheaper fuel in the future. However, I believe we are clearly in the mist of an information revolution. The future will be shaped by software, defined broadly.
Specifically, I believe that:
Tele-work, tele-play, tele-learning will soon represent 80% of our lives.
There is much more room for innovation in software than in hardware.
There are few ways to build a house, but many more ways to build a virtual house.
Read more here:
https://lemire.me/blog/2008/10/27/the-future-of-innovation-is-in-software/
Thank you,
Amine Moulay Ramdane.
More philosophy about India the 2nd biggest SOFTWARE Power in the WORLD..
"India has a range of advantages compared to other countries that are also known for marginal labour costs. Besides low labour costs, an Indian programmer earns 10% of the wage of a comparable American programmer.
India offers well trained programmers which are at least as qualified as other programmers around the world. Furthermore, the infrastructure provided in India is advantageous. The advanced telecommunication system allows a fast connection with other countries all over the world. Another huge advantage is the English language being widely spread. All higher education is taught in English. The last important point which should be mentioned is the government which provides ideal conditions for new IT and other service companies - tax releases and other additional benefits are granted.
According to Ricardo’s theory, countries benefit from specialising in industries where the productivity of labour force is higher than in other countries. The trend of offshoring confirms the theory of comparative advantage. In our case, industrialised countries tend to offshore their services to India where IT labour are the country’s strength. Furthermore, the well developed Indian infrastructure and telecommunication system are facts proving the theory of Heckscher-Ohlin, which is built on comparative advantage, based on factor endowments in general which expands the Ricardo theory."
Read more here:
https://www.grin.com/document/70641
I invite you to look at the following very interesting video:
Why is INDIA the 2nd biggest SOFTWARE Power in the WORLD?
https://www.youtube.com/watch?v=FPZkNwhshiU
Also read the following:
The future of innovation is in software
I keep reading about how the future will be shaped by new cheaper fuel or amazing new medications. I believe that we are misreading the trends. Yes, we will have better medications and cheaper fuel in the future. However, I believe we are clearly in the mist of an information revolution. The future will be shaped by software, defined broadly.
Specifically, I believe that:
Tele-work, tele-play, tele-learning will soon represent 80% of our lives.
There is much more room for innovation in software than in hardware.
There are few ways to build a house, but many more ways to build a virtual house.
Read more here:
https://lemire.me/blog/2008/10/27/the-future-of-innovation-is-in-software/
Thank you,
Amine Moulay Ramdane.
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