India has established itself as a global leader in the Information Technology-Information Technology Enabled Services (IT-ITES) offshoring industry. Different factors have been responsible for this success. While factors identified from the Information Systems (IS) and International Business (IB) literature are adequate to explain the past success of India’s IT-ITES industry, they are not adequate to explain whether this success can be sustained in the long run. The paper uses the endogenous growth theory and the economics of ideas to conclude that innovation and technological growth are keys to sustaining this success in the long run. The paper also highlights policy options that will harness innovation and technology growth in India.
|Journal||Journal of Information Technology theory and Application|
|State||Published - Jun 2013|