Singapore, Nov. 1 -- The world in the 21st century is experiencing a technology and innovation tsunami and needs its two leaders in technological innovation - the United States and China - to work together to meet it, an Indian business leader has said.

Any separation of global supply chains - as a decoupling of the US and Chinese economies would entail - would spell ill for technological innovation, which depends on openness, said Mr Tarun Das, chairman of the Institute of Economic Growth in Delhi.

"Innovation depends on the adoption of ideas from other innovating countries," he said.

As an illustration of this cross-fertilisation, he noted that some of the most innovative and technologically advanced nations such as Japan, South Kor...