How can local techies find or create opportunities in the high tech sector? Francisco Sandejas of Narra Venture Capital offers some ideas below:

1. Identify new technologies and see how they can be applied.

Network with experts to hasten the process [Read how an entrepreneur earns in a digital age here]

Page 2: Innovate

2. Why not copy or imitate?

India and China simply copy business models. Example: China's Baidu is just a copy of Google, while Shaadi.com, a dating  service, is an Indian version of Match.com [Read how to use technology to introduce new product or service here]

Page 3: Customize

3. Customize

Customize technology for the local market [See how to make big bucks by selling niche products here]

Page 4: Solve

4. Solve problems

Don't create solutions in search of problems [Read 10 business stress-busters here]

Page 5: Real

Page 6: Differentiate

6. Differentiate

Ideally, differentiate from expected imitators of a successful product idea [Learn how to launch an innovative product here]

Page 7: Collaborate

7. Collaborate

If uncertain but capable of good engineering, collaborate with foreign-based technology leaders. Become a subsidiary or service provider and learn. Find business ways to benefit from their success. [Read tech trends from the past here]