A New Transnational Capitalist Class?: Capital Flows, Business Networks and Entrepreneurs in the Indian Software Industry

Upadhya, Carol (2004) A New Transnational Capitalist Class?: Capital Flows, Business Networks and Entrepreneurs in the Indian Software Industry. Economic and Political Weekly, 39 (48). pp. 5141-5151.

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Abstract: The software industry has produced a new kind of transnational capitalist class in India. Most of the founders of software firms have come from the 'middle class', building on their cultural capital of higher education and social capital acquired through professional careers. This class, and the IT industry to which it belongs are also distinguished by their global integration and relative autonomy from the 'old' Indian economy dominated by the public sector and a nationalist capitalist class. The entry of multinationals into the IT industry has produced synergies that have helped it to grow and, for these reasons, the IT business class is also one of the most outspoken votaries of globalisation.
Item Type: Article
Additional Information: The Copyright belongs to Economic and Political Weekly.
Subjects: School of Social Sciences > Sociology
School of Social Sciences > Economics
Date Deposited: 18 May 2006
Last Modified: 24 Jun 2013 10:54
Official URL: http://www.epw.org.in/showArticles.php?root=2004&l...
Related URLs:
    Funders: UNSPECIFIED
    Projects: UNSPECIFIED
    URI: http://eprints.nias.res.in/id/eprint/53

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