is the answer software products? a return on investment of 600x would argue so. and this guy seems to think so too.
for this IPR based growth to materialize, there has to be a change in mindset and investment in india.
none of the IT majors in india is investing enough to bring a product to market, which in my opinion will cost something like $25-$50 million. they are all piddling around with $5-$10 million investments, which will generally come to nought. the product can be built for $2-$5 million, but marketing it will cost at at least 3-4x as much.