Wednesday, September 08, 2010

Success Despite Government, Courtesy Jugaad | Swaminathan S. Anklesaria Aiyar | Cato Institute: Commentary

Success Despite Government, Courtesy Jugaad | Swaminathan S. Anklesaria Aiyar | Cato Institute: Commentary: "No less than 93% of Chinese businessmen say the main reason for their spectacular success is network connections (guangxi), especially with government officials. Indian businessmen, however, have succeeded despite the government: 81% say the main reason for their success is jugaad, the ability to find innovative way round prohibitive rules and institutions."

Success depends on dealing well with government?!?

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