India’s intellectual property dilemma

Charles Goldfinger

In the past few years, India has become a new development success story. Its rise was brought spectacularly to the public attention with audacious and successful takeovers in the global steel industry. But there is much more to India’s performance than steel, or textiles.

The country made impressive progress in developing and exporting high technology products and services, backed by home-grown know-how and expertise. Indian firms such as Infosys, Wipro and Tara Consulting systems became global giants in computer services for major enterprises worldwide. Indian software firms such as I-flex became acquisition targets for US giants such as Oracle.

The Indian diaspora in Silicon Valley,...

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