Abstract
Low wage rate in India, rather than technological innovation, is widely believed to have caused the phenomenal growth of the Indian software industry. Low total software exports from India is taken as an indication of lack of innovation in the industry. This chapter argues, based on the case study of the software firms in Trivandrum, that the software industry in India is innovative and that the nature of innovation depends on the characteristics of its knowledge base.
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Notes
- 1.
Software products are those pieces of software which provide generic functionality so that it can be useful to more than one user. Software products are made once and sold many times.
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Arun, M. (2013). Innovations in an Emerging Software Cluster. In: Mukhopadhyay, C., et al. Driving the Economy through Innovation and Entrepreneurship. Springer, India. https://doi.org/10.1007/978-81-322-0746-7_41
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DOI: https://doi.org/10.1007/978-81-322-0746-7_41
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