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This ebook provides a balanced mix of cases facing various aspects of challenges of business growth. It presents revised and expanded versions of seven selected cases presented at the International Conference on Business Cases ICMC2011, organized by Birla Institute of Management Technology , Greater Noida (India), and School of Public Policy, George Mason University, Arlington, Virginia(USA)on December 1-2, 2011 at BIMTECH campus. The dominant theme among these cases is identifying challenges of growth from an emerging turbulent global economic environment as well as from in-house factors. The

Information Communication Technology and Economic Development reveals new insights regarding the complex process of globalization. It shows how the generation and circulation of intellectual capital in the US and India in ICT have led to greater productivity in the US while facilitating the economic development of India. Most industrialized nations now see the vast intellectual capital-based services that India provides at extremely competitive rates as key to their own national competitiveness in the global arena. The contributors' findings suggest that India's ICT-led growth will accelerate in the next ten years, launching India as a major global economic power next to the US and China