April 20, 2025 - 03:10
In the quest for technology leadership, nations often prioritize dominance in specific sectors, but this approach may overlook the broader implications of technological advancement. A recent analysis emphasizes that the focus should shift towards developing inclusive policies that facilitate the diffusion of General Purpose Technologies (GPTs). These technologies, which have a wide-ranging impact across various sectors, can drive innovation and economic growth when effectively integrated into society.
For India, this means fostering an environment where diverse industries can leverage GPTs to enhance productivity and competitiveness. Emphasizing collaborative frameworks among government, industry, and academia can create a robust ecosystem that nurtures innovation. By investing in education and infrastructure, India can ensure that its workforce is equipped to harness the potential of these transformative technologies.
Incorporating a holistic approach to technology policy not only positions India as a leader in innovation but also promotes equitable growth, ultimately reshaping the balance of power in the global technological landscape.
