Answer:
Talent.” India’s science, technology, engineering and mathematics (STEM) education programs have been successful in major cities; however, the liberal arts have lost momentum to STEM. Talented individuals are not often taught how to think outside the box and challenge the status quo, unlike in many western countries.
“Technology.” India’s infrastructure for technology is still encountering growing pains, meaning modern technology like mobile phones and internet are not yet fully and freely available. As technology adoption accelerates, so too will India’s production of breakthrough ideas and inventions.
“Tolerance.” While some of India’s cities are highly open to new ways of thinking (as exemplified by the highly-multicultural city of Mumbai), the proliferation and cultivation of new culture, art and ideas across the country would help promote entrepreneurship and risk-taking.
“Trust.” As Dr. Kapoor succinctly stated, “India’s government needs to establish trust in the innovation ecosystem.” Policymakers and the industry officials should collaborate to discuss issues that impact India’s innovation landscape such as compulsory licensing.
