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China, India, and Billions of Entrepreneurs

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From the misty, half-attuned, still-in-the-American-Century shores of the United States, China and India can look like peas in a pod: two rising Asian giants with screaming growth rates and lots of what used to be American jobs.

Look closer, and these are very different cats. China is the factory floor and India the back-office, software shop. China is top-down party driven. India is a messy, vibrant democracy. And the two, one-time enemies.

Look closer again, and this may be the complementary duo that changes the world. Including your world.

This hour, On Point: China, India and all that is to come.Guest:

Tarun Khanna, professor at Harvard Business School and author of "Billions of Entrepreneurs: How China and India Are Reshaping Their Futures--and Yours."

This program aired on January 30, 2008.

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