the indian software industry and its evolving service capability suma s athreye open university uk e mail ss ac january 2005 abstract this paper examines growth of dynamic capabilities among firms in by looking some detail at changing constraints opportunities competition facing incumbent it emphasises important role played tight labour market conditions inducing investment process entrepreneurial experimentation a business model outsourced that was best suited to limited resource advantages t forthcoming industrial corpora change vo 14 3 i would like acknowledge partial support european commission key action improving socio economic knowledge base through contract no hpse ct 2002 00146 benefited from comments on previous drafts ashish arora rakesh basant anthony d costa rafiq dosssani alfonso gambardella giles mohan dave wield nick von tunzelmann am solely responsible for any errors remain ts has been phenomenal success when measured against standard indicators such as