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

BOUKA, ELENI and MERKOURI, MARIA-MARINA and METAXAS, THEODORE (2015): Indentifying Bollywood as a crucial factor of India’s economic development: A review analysis.

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.

• Item Type: MPRA Paper
• Language: English
• Keywords: Bollywood, Diaspora, economic growth, globalization, Hollywood, India
• Subjects: L - Industrial Organization > L8 - Industry Studies: Services > L82 - Entertainment ; Media; L - Industrial Organization > L8 - Industry Studies: Services > L88 - Government Policy; N - Economic History > N7 - Transport, Trade, Energy, Technology, and Other Services > N75 - Asia including Middle East; O - Economic Development, Innovation, Technological Change, and Growth > O5 - Economywide Country Studies > O53 - Asia including Middle East; Z - Other Special Topics > Z1 - Cultural Economics ; Economic Sociology ; Economic Anthropology > Z11 - Economics of the Arts and Literature

References

- Bandyopadhyay, D. R., 2008. Nostalgia, Identity and Tourism: Bollywood in the Indian Diaspora. Journal of Tourism and Cultural Change, 6(2), pp. 79-100.

- Ciecko, A., 2001. Superhit hunk heroes for sale: Globalization and Bollywood's gender politics. Asian Journal of Communication, 11(2), pp. 121-143.

- Dwyer, R., 2010. Bollywood's India: Hindi cinema as a guide to modern india. Asian Affairs, 41(3), pp. 381-398.

- Fetscherin,M. 15 Nov 2010, “The Main Determinants of Bollywood Movie Box Office Sales”, Journal of Global Marketing, 23:5, pg 461-476

- Fung, A., 2005/2006. Deepa Mehta's Canadian, American, Indian Bollywood Musical: Showing Canadians their Country in Bollywood/Hollywood. London journal of Canadian studies, Volume 21, pp. 72-82.

- Karan, D. J. S. &. K., 2011. Bollywood Cinema at the Crossroads: Tracking the Dimensions of Globalization in Postcolonial Popular Hindi Cinema. Mass Communication and Society, 14(6), pp. 700-719.

- Kaur, R., 2002. Viewing the West through Bollywood: A celluloid Occident in the making. Contemporary South Asia, 11(2), pp. 199-209.

- Kucharska, J., n.d. Diasporic Cinema as a Double-Palimpsest. Bollywood/Hollywood by Deepa Mehta. Visions of Canada-Visions du Canada, Volume 6, pp. 207-221.

- Mark Lorenzen, F. A. T., 2008. Breakout from Bollywood? The roles of social networks and regulation in the evolution of Indian film industry. Journal of International Management, 14(3), pp. 286-299.

- Morcom, A., 2001. An understanding between Bollywood and Hollywood? The meaning of Hollywood‐style music in Hindi films. British Journal of Ethnomusicology,, 10(1), pp. 63-84.

- Mudambi, M. L. a. R., 2013. Clusters, Connectivity and Catch-up: Bollywood and Bangalore in the Global Economy. Journal of Economic Geography, Volume 13, pp. 501-534.

- Nimish Adhia, June 2013, “The role of ideological change in India's economic liberalization”, The Journal of Socio-Economics, Volume 44, Pages 103-111

- Omkar D. Palsule-Desai, August 2013, “Supply chain coordination using revenue-dependent revenue sharing contracts”, Omega, Volume 41, Issue 4, Pages 780-796

- Pillania, R. k., 2008. The Globalization of Indian Hindi Movie Industry. Management Development Institute, India, 3(2), pp. 115-123.

- Punathambekar, A., 2005. Bollywood in the Indian-American Diaspora. International journal of Culture studies , 8(2), pp. 151-173.

- Rajadhyaksha, A., 2003. The "Bollywoodization' of the Indian cinema: cultural nationalism in a global arena. Inter-Asia Cultural Studies, 4(1).

- Rao, S., 2007. THE GLOBALIZATION OF BOLLYWOOD: AN ETHNOGRAPHY OF NON-ELITE AUDIENCES IN INDIA. The Communication Review, 10(1), pp. 57-76.

- Rao, S., 2010. “I Need an Indian Touch”: Glocalization and Bollywood Films. Journal of International and Intercultural Communication, 3(1), pp. 1-19.

- Srinivasan Radhakrishnan, Rohit Jacob, Arjun Duvvuru, Sagar Kamrthi, “ Organizing Patterns and Evolution of Indian Movie Industry”, Procedia Computer Science, Volume 36, 2014, Pages 655-659

- Robina Mohammad, 28 Sep 2007, “Phir bhi dil hai Hindustani (Yet the heart remains Indian): Bollywood, the ‘homeland’ nation-state, and the diaspora”, Environment and Planning D: Society and Space 2007, volume 25, pages 1015-1040

- Madhavi Sunder, 2011, “Bollywood/Hollywood”, Theoretical Inquiries in La, volume 12, issue 1