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Read the Case Study: Is a Culture of
Entrepreneurial Problem-Solving Key for India? Answer the following
questions. Respond to all the questions below using an essay format.
Perform an in-depth assessment of Indian culture. What specific
elements of that culture support entrepreneurship? Are there elements
that hinder it? Can you provide examples of how these cultural elements
are manifested in successful Indian firms as well as firms that have
struggled recently?
As an international manager for a foreign multinational, how would
you try to make sense of and adapt to the Indian business and cultural
environment if you were doing business there? How might you be able to
take advantage of India’s expertise in frugal innovation? (Be sure that
you apply the stages in international corporate development.) How would
you use Hofstede’s conceptual framework approach and the Globe’s
Framework?
Overall, do you side with the optimists who believe that India’s
culture will help it leapfrog China in the next few decades or the
pessimists who see India as facing daunting problems that will hold its
growth back for years to come? Either way, fully explain your position.
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