India has a unique opportunity to avoid repeating other countries’ mistakes. Khosla Ventures founding partner Vinod Khosla argues that the “leapfrogging” mind-set requires policies that foster innovation not imitation.
There’s a general tendency in life to want to do what others have done. It’s an understandable impulse but shortsighted. One of the great things about being a relatively poor, trailing, but rising power like India is that you have the opportunity to see what you want to imitate—and, more important, what you want to skip.
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To read the original article: How to win at leapfrog | McKinsey & Company