Tech needs a MAD formula: It is time for India to make the transition from 'dukandar' to disruptor

Most firms pivot to a more acceptable model that can be funded, or become a services company, or succumb to greener pastures elsewhere. Now, talking about our leaders who can actually make this possible, here is what I would advise the government to do, Encourage those with idle capital to invest in the venture capital industry and let the government also co-invest and share the risks and rewards if that’s possible Simplify government processes and make them transparent, making it easy for entrepreneurs to navigate they system while also staying focused on the task at hand Increase the number of inventors and scientists, as we are more likely to see more deep-tech ideas surfacing when those numbers go up, and thus increase the funnel Allow for the liberal arts to combine with science, to make ideas viable with a human touch. Deep-tech requires empathy for it to become a successful giant Public-private partnerships apart, create great examples by creating a true win-win model that incentivises stakeholders Encourage students to be more adventurous, and pursue their dreams, and not be boxed by subjects they chose in college While I have written mostly about MAD companies taking us to the disruptor status, it is also possible to have tech giants that are fast followers. The time has come for India to talk double-edged tech nationalism Part 2: Facebook crisis holds lessons for India and Aadhaar: we need multi-pronged regulation to ensure fair play and innovation Part 3: Visionaries or ’employeepreneurs’? India’s tech unicorns hide weaknesses that deserve a hard look Part 4: Tech nationalism is a complex game; a ‘swadeshi index’ may support the right Indian startups Part 6: True tech power comes from harvesting patents: ISRO, Cipla and Biocon show the way for future entrepreneurs Part 7: Engineered in India: Technology transformation must provide solutions for sustainable development