Education & Academia / Education Systems / Higher Education
How India’s Private Engineering Colleges Created a $12 Billion Software Boom
Human Capital and the Rise of the Indian Software Industry
Think India’s software success came from government IT parks or venture capital? Think again. This research, based on a study by Ashish Arora (Duke University) and Surendra K. Bagde (Carnegie Mellon University), reveals the real driver: a massive, private-funded expansion of engineering colleges. We break down how states that allowed private colleges early on locked in a decades-long advantage, why 80% of software workers have engineering degrees (even in non-CS fields), and the surprising downside—a collapse in PhD production. If you want to understand how human capital, not policy, built a global tech powerhouse, this is for you.
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