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Indentifying Bollywood as a crucial factor of India’s economic development: A review analysis

Author

Listed:
  • BOUKA, ELENI
  • MERKOURI, MARIA-MARINA
  • METAXAS, THEODORE

Abstract

The main content of the following article is to describe the economic growth of an indigenous economy and the factors of its internalization. Bollywood can be used as a paradigmatic showcase for the improvement of ideas in the development of industries of emerging economies. This paper, via an extensive review in several articles, describes Bollywood as an economic factor for Indian’s growth. The reasons that led to this growth are described in an extended way, as well as the role of globalization and Indian’s Diaspora on this development. Finally, it compares the two largest film industries in the world, Hollywood and Bollywood.

Suggested Citation

  • Bouka, Eleni & Merkouri, Maria-Marina & Metaxas, Theodore, 2015. "Indentifying Bollywood as a crucial factor of India’s economic development: A review analysis," MPRA Paper 64658, University Library of Munich, Germany, revised 2015.
    • Handle: RePEc:pra:mprapa:64658
    as

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    References listed on IDEAS

    as
    1. Mark Lorenzen & Ram Mudambi, 2013. "Clusters, Connectivity and Catch-up: Bollywood and Bangalore in the Global Economy," Journal of Economic Geography, Oxford University Press, vol. 13(3), pages 501-534, May.
    2. Rajesh K. Pillania, 2008. "The Globalization of Indian Hindi Movie Industry," Management, University of Primorska, Faculty of Management Koper, vol. 3(2), pages 115-123.
    3. Lorenzen, Mark & Täube, Florian Arun, 2008. "Breakout from Bollywood? The roles of social networks and regulation in the evolution of Indian film industry," Journal of International Management, Elsevier, vol. 14(3), pages 286-299, September.
    4. Palsule-Desai, Omkar D., 2013. "Supply chain coordination using revenue-dependent revenue sharing contracts," Omega, Elsevier, vol. 41(4), pages 780-796.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Bollywood; Diaspora; economic growth; globalization; Hollywood; India;
    All these keywords.

    JEL classification:

    • L82 - Industrial Organization - - Industry Studies: Services - - - Entertainment; Media
    • L88 - Industrial Organization - - Industry Studies: Services - - - Government Policy
    • N75 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Asia including Middle East
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • Z11 - Other Special Topics - - Cultural Economics - - - Economics of the Arts and Literature

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