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If you think the US
example is too far-fetched in that the US already has it good with great
infrastructure and a society that is historically not as risk-averse,
then just look across the border to China. China's economic growth and
pace of innovation over the last two decades has been stunning; in large
part, this is due to
the entrepreneurial culture that has taken hold among the young. What is
really interesting about this is that China was traditionally as
hierarchical and custom-bound a society as India.
Until India's culture
begins to shift to embracing risk takers rather than eschewing them, it
will be difficult for India to become the global technology leader.
Surely society plays an important role here, but the easiest way to
begin the transformation is for each individual to look within and
really understand and push her own risk appetite.
Concluded. |