What is it about?
The paper is about the Indian Diamond Industry which polishes today 95 % of all diamonds set in jewellery worldwide. This global hub of cutting and polishing of diamonds is part of a so- called unorganized sector run by thousands of entrepreneurs and 2 million workers with little formal education.
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Why is it important?
The collective organization of firms in Indian Diamond Industry has been able to shift the global hub of diamond cutting and polishing from Antwerp in Belgium to Gujarat in India.
Perspectives
The organization of the informal firms of the industry is explained by investigation culture, and it is proposed that cultire governs business practices in the Indian Diamond industry.
Prof (Dr) Indu Rao
Nirma University of Science and Technology
Read the Original
This page is a summary of: When Culture Governs Business Practice: A Look at the Indian Diamond Cutting and Polishing Industry, Global Business and Organizational Excellence, February 2016, Wiley,
DOI: 10.1002/joe.21666.
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