Saturday, February 18, 2006

Spin-offs, VCs, Parents & Capitalism...But where's my fairy!!!





Sometimes in life, a day passes by, in such solemnity, that you realise that, each moment is prophetic, each moment is analytic, and each moment is solipsistic.

Such was the day, yesterday, had intended to write on the moments earlier, but then, could find the inclination, the real inclination, only now.

Enough!!!!!!!!! lets get to the story.

The story is here, that in my area of study, researching the innovative capacity of firms, industries, nations, and together with that, entrepreneurship and cultural aspects, through which the world keeps moving in money terms and developmental terms, i keep attending, interesting talks all the time at the university.

Such was one talk, given by our Chair of the programme, Professor Steven Klepper.

The subject of the presentation was: Capitalism and Spinoffs (based on a study of the laser, automobiles and tire industry in United States) An aside: i must now, quite quickly pick up and read this particular book!

This far: this sounds pretty boring, aint it!

Ok: So let us quickly pen down a small-quick, 'few sentences' story. It is believed that, regions/nations/cities/states posess a capability to move ahead in terms of development, if there are a lot of industries around.

How would such industries come by! Observation: through large companies. How do large companies come about? Either starting from 0. Or through spin offs, set off by daring entrepreneurs, who were previously working in large companies, but now decide to start something on their own.

Spin offs thus, are one of the key ways in which entrepreneuralism is observed in modern society. They keep industries cropping, taking regions/cities/nations ahead, let us not try to define ahead for now.

Professor Klepper thus has studied these spinoffs, attributed economic theories, as to what makes better spin offs, and how the parent companies are affected/not affected once these spin offs are formed, and which kind of industries, are more prone to spin offs, and what kind of cultures -- Japanese, United States, Indian, Korean -- too! This among various other such stuff.

So why do i write about all this, in a space, which has till date remained the sole property of a quiet child, disinterested in worldly 'claptrap'.

Well as said, yesterday was prophetic/analytic/solipsistic.

Point is: After hearing, the simple hypothesis on spin off studies, by Prof Klepper i decided to extend them to my personal life.

India, in the last few years let me say around 10-15 years, has seen a number of economic and to add to it, social and cultural changes. Amidst all of this, societal patterns have evolved, conventions for marriages have kept changing.

People, they have been doing that always, debaters will add here, but now ever more increasingly and acceptingly, have started living 'their' lives, been more unique and self-conscious about rights, choosing their own partners, becoming more fearless and entrepreneurial in their style of living.

There you go a link to tie it to my own life. While the external world, around Indian cities, and their culture now speak of an environment where consumer is the ruler, capitalism evokes romance, and 'living one's life' is the buzzword, martyrdom/socialism still is the mantra, internally in the Indian families, much like in mine, as if there always has been a for 'the next generation' kind of socialist bent.

Do things, only with an eye on the long run.
Do things, never irking your elders, taking their blessings, or incurring their disrespect.
Start thing naturally, not through any kind of experimentation/imposition.

Things as in -- say for example choosing a partner. Choose somebody whom everybody loves, blesses, is proud to showcase as one of the family. U are the last man, though remember it is your partner who is being showcased here. Never mind, that is the socialistic bent in the families, so what if the environment gets laced with capitalism's cadences.

Ample wanderings. Let me just state out some observations in the end.

a. Spin offs -- need venture capital -- a capitalistic society where information and smart men, rule, think they can start life and living on their own. There is still a paucity of venture capital, in families, majority of them still. After all, most of us, are from the Great Indian Middle Class. Aint we!

b. Quality parents -- normally recruit/bear quality offsprings -- who can turn out to be smart women/men, rulers, but then -- when they start thinking of spin offs, quality parents suddenly start behaving in a risk averse manner.

c. Risk averse cos, they want to nullify all possible risks, that for example starting a new venture by their spinoff/child, might bring forth. Somewhere not understanding, that after all every spin off is a gamble, some become a Google, some might just languish in the dustbin of history. But then everything is a gamble, always.

d. There are spin offs/children who realise their roots, very soulfully/really. People, who understand, that only this much could be done, to strain the ties, between the parent company and spin offs, and the compellingness of moving out, is drowned by a sense of loyalty/reciprocation/obligation towards the parents.

e. It will be for time to judge who among these --- staying back not spinning off children, or the moving ahead spun off children, were among those who did things fair and good. Not for themselves, but for the greater common good.

A good in which to me, there will be a world where everybody is still smiling, with a hope to live and not to die!

For now, let us end this gibberish and give myself a rest too. It has been really painful writing this. I should have written earlier, the way it has turned out, is complete muck!

In the spirit of what i live by these days, let me resign saying, 'never mind'!

and before i end -- a spirit which i seem to have inculcated from Lewis Caroll and her poem, My fairy, i paste below:

MY FAIRY

I have a fairy by my side
Which says I must not sleep,
When once in pain I loudly cried
It said "You must not weep."

If, full of mirth, I smile and grin,
It says "You must not laugh;"
When once I wished to drink some gin
It said "You must not quaff."

When once a meal I wished to taste
It said "You must not bite;"
When to the wars I went in haste
It said "You must not fight."

"What may I do?" at length I cried,
Tired of the painful task.
The fairy quietly replied,
And said "You must not ask."

Moral: "You mustn't."



~aquietchild..

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