Knowledge process outsourcing

Knowledge process outsourcing (KPO) is a form of outsourcing that is less structured and more specialized than business process outsourcing (BPO). KPO deals largely in services that are highly "knowledge-based", such as: intellectual property research for patent applications; legal and medical services; training, consultancy, and research and development in fields such as pharmaceuticals and biotechnology; and animation and design.

In India

The Indian National Association of Software and Service Companies (NASSCOM) estimated the total market size of the KPO sector in India in 2006 to be $1.5 billions. The year before, 2005, it had been $1.3 billions, with Evalueserve predicting that by 2010 it would be some $10 to $15 billions. The Indian government was predicting that by 2010 India would have 15% of the global KPO market. However, the global financial crisis, coupled with domestic economic problems such as the IPO of Reliance Power in 2008, caused people to re-evaluate these predictions, incurring worries that India's IT, BPO, and KPO sectors — which by then, combined, were $8.4 billions in export revenues — would be greatly affected by these factors.

References

Sources used

• Basu, Sudip Ranjan (2009). "The economic growth story in India: past, present, and prospects for the future". In Klein, Lawrence Robert. The making of national economic forecasts. Edward Elgar Publishing. ISBN 9781847204899. 
• Mehrotra, Nitin (2005). Business Process Outsourcing — The Indian Experience. ICFAI books. ISBN 9788178815763. 
• Sornarajah, Muthucumaraswamy; Wang, Jiangyu (2010). China, India and the International Economic Order. Cambridge University Press. ISBN 9780521110570. 
• Contractor, Farok J.; Kumar, Vikas; Kundu, Sumit K. (2010). Global Outsourcing and Offshoring: An Integrated Approach to Theory and Corporate Strategy. Cambridge University Press. ISBN 9780521193535. 
• Varadarajan, Latha (2010). The Domestic Abroad: Diasporas in International Relations. Oxford University Press. ISBN 9780199889877. 

Further reading

• Agarwal, R.; Nisa, S. (January 2009). "Knowledge Process Outsourcing, India's emergence as a global leader" (PDF). Asian Social Science 5 (1). ISSN 1911-2025. http://ccsenet.org/journal/index.php/ass/article/view/539/0.