Ruby on Rails Development Companies in India
nitinh.com
nitinh.com
American, European, and Japanese developers have an advantage because as consumers as well as producers in the world's biggest marketplaces, they'll always have a more fundamental sense of where money is to be made, what software is missing in what niche, and more contacts, which means more dollars to chase when it comes to potential users of a product.
Could someone from India have developed something like Basecamp? From a technical perspective, no doubt. But from a "wow, there are a lot of small companies in the US that don't need these industrial sized solutions, maybe we can exploit that niche" - I think this gap is a lot harder to cross.
I think this asymmetry will go away, as India continues to modernize. I bet there are tons of unexploited business opportunities that could only happen in India, and no where else in the world. American developers would be totally clueless on this, and if the roles were flip-flopped, and the dollars were in India, we'd see the same article about American developers.
The first two have tremendous hierarchies and face the same disruption "problems" that any American company faces. The smaller mom and pops don't have the resources to compete.
It's hard for me to see where the Teslas, the Segways, even the MySQL's step in.
To start a product company, you have to forego cash up front for a bigger payout (either acquisition or organic growth in a lifestyle biz) later in the game. I think most Indian kids coming out of college don't lack ambition or entreprenurial spirit but it is hard to justify (especially to your parents!) giving up a steady paycheck for the risk of a startup, and that's where not having easy access to VC or angel capital becomes a problem. And then there's the issue of competing with the large software sweatshops on salaries...
This: http://munjal.typepad.com/recognizing_deven/2007/04/episode_...
and, this: http://twitter.com/amitranjan/status/742763842
make for interesting food for thought.