The corporates, Linux User Groups(and other professional bodies), individual mentors willing to offer training for students in India can post positions

Summer trainees and interns please post your comments at Summer Training in India page

Terms and Conditions:-
0. You need to register to make a comment post on this blog

1. Tarun Dua shall in no case be held liable for anything under any circumstances in connection with any summer training offered using this page niether by the trainees or by organizations/individuals offering training.

2. Training Offers where trainees need to pay will be deleted from this page, please post summer training offers only if you are either offering a stipend or atleast not charging the trainees any fee.

3. Please use the following format to offer summer training

Name of Company, Organization or Individual Mentor:
Nature of Work: Software, Open Source(Name of Open Source project) or Specific Domain(e.g Marketing):
Contact Information(Name of Contact Person, E-mail/Telephone Number) and appropriate time to call:
Training duration e.g. 8 Weeks/6 Months:
Location(e.g. Telecommute, Part-Telecommute, Delhi etc.):
Experience required(e.g should know Java/PHP/Perl or for B. Tech students only etc.) to be able to successfully complete training:
Will you or your organization pay stipend to the trainees:
Last date for applying:
Number of trainees needed:

A few enterprizing folks are organizing a BarCamp in Pune which happens to be my new home. I happened to be present at BarCampDelhi. At the least I can do for BarCampPune is to blog about it. I'll be there will you be.
-Tarun

In the context of startups Idea Arbitrage can be defined as re-using an innovative idea in one geographical region and replicate its success elsewhere with a local adaptation of the idea. Examples of successful Idea Arbitrage implementations
Naukri.com, A general purpose job site
Baazi.com , An e-bay like auction site
Then there are other not so well known knock-offs of popular successful ideas like
Bixee.com, uses the general idea from simplyhired.com
apnamarket.com a craigslist knockoff for local classifieds for free

Not all great ideas can actually have the benefit of a geographical arbitrage.
e.g. who would care for gmail.com locally adapted.

A higher form of idea arbitrage is second mover advantage for idea guerillas, look at all the good ideas in early stage(when these startups in the valley are funded with less than 5 million USD which doesn't last long in the silicon valley: VC portfolios are a great place to locate these) and do a cheap knock-off sitting in India with using the same general idea using "labour arbitrage". At the worst the Valley fat cats will need to buy you off, at its best you might be able to kill them or buy them. We live in interesting times.

Of course there is real innovation that needs to be done in the global marketplace but nothing beats turning the whole outsourcing game on its head.

Currently what happens is

Innovators in Valley create a product or think through an idea -> VCs invest into them -> The VC money is used rather inefficiently to outsource the product development to India with attendent troubles of communicating daily dose of innovation at the Silicon Valley office(or New Jersey or whatever) to Bangalore(or Noida or Gurgaon) -> Indians working for Outsourcing industry create these products or help create these products

Now if we could just change the whole equation a bit with
Indian Innovators working in India with a second mover advantage re-implement the idea on their own to compete with fresh ideas funded int the valley -> Valley VCs fund them( now what did you think was missing piece in India ) -> A more efficient eco-system ready take on the cyber-coolies and long distance communication in-efficiencies is born.

This doesn't happen automatically , the first wave of indian startups will necessarily need to do the damage without the benefit of valley VCs until they ( Valley VCs ) see the money they spent on valley startups going down against competition from second movers in India.