Restoring weighted tax deductions and adopting a petty patents regime can foster firm-level innovative activity critical for competitiveness, points out Nagesh Kumar.
...but are we chasing yesterday's dreams, asks Ajit Balakrishnan.
And if you have started wondering why such innovations come only from American companies, Ajit Balakrishnan offers the answer.
Entirely new businesses have been built using data to disrupt traditional companies.
'The 2019 election and the run-up to it will certainly see bots being deployed in large numbers on all sides.'
Perhaps, the most misunderstood aspect is the role of the state.
Neither pharma nor IT would have become the stars of the economy without the active but largely invisible hand of the Indian State, says Ajit Balakrishnan.
'Everybody says 5G and communication is important.' 'Everybody says automation, robotics, human computing interfaces -- people and machines working together -- is the future.' 'Everybody agrees that cybersecurity is something that is here to stay.' 'Everybody agrees that synthetic biology is important.' 'Instead of outlining thinking about industries for tomorrow and the future, let the evolutionary pathway be built in a way that it promotes robust, creative, thinking.'
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