Deep Tech: Unveiling the Foundations

Romasanta, Angelo; Ahmadova, Gozal; Wareham, Jonathan; Priego, Laia Pujol

doi:10.2139/ssrn.4009164

Cited by 4 publications

(4 citation statements)

References 73 publications

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“…They include advanced technologies, from artificial intelligence (AI) and biotechnology to quantum computing, robotics and the development of advanced materials such as semiconductors (European Commission, Directorate-General for Research and Innovation 2018). Deep tech start-ups in Europe are developing solutions that can help address the world’s biggest challenges and support the delivery of the UN Sustainable Development Goals (Romasanta et al 2021; Walid 2023; Chen and Eliens 2022). If Europe’s deep tech start-ups are successful, they could produce the volume of electric car batteries, sustainable construction materials and green hydrogen geothermal energy needed to achieve the EU’s net-zero goals.…”

Section: Why Innovation Is Needed To Drive Sustainabilitymentioning

confidence: 99%

Enhancing Europe’s sustainability through innovation and technology

Chivot

2023

European View

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Innovation plays a vital role in achieving sustainability goals, promoting a prosperous society and driving economic recovery. The EU needs disruptive innovation to meet its climate targets, decarbonise industries and ensure that citizens are not left behind. The technologies developed through innovation can enhance the EU’s competitiveness as well as creating jobs and GDP growth, and also hold significant potential for addressing climate challenges and supporting the delivery of the UN Sustainable Development Goals. Some studies emphasise that both digital and energy technologies have a significant carbon footprint, given that, for example, the manufacture of computers, the transportation of power-generation technologies from place of manufacture to place of deployment, the raw materials used to build smartphones and the energy consumed by these devices all entail environmental impacts. But the picture is more complex than this. This article argues that the development of these technologies should be seen as a great opportunity to enhance Europe’s sustainability and the EU’s policies for the green transition and its goals. The European Green Deal has proposed an ambitious agenda for achieving climate neutrality in the EU by 2050. This will not happen without investing in several ‘clean’ and disruptive digital and energy technologies, or without promoting policies that provide an enabling environment for these innovations to emerge.

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Section: Why Innovation Is Needed To Drive Sustainabilitymentioning

confidence: 99%

Enhancing Europe’s sustainability through innovation and technology

Chivot

2023

European View

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“…Areas in which DT predominantly emerges are healthcare, agriculture, mobility, energy and manufacturing [4], [5], [20]. The development of DT from research to market maturity requires an above-average consumption of resources, especially financially, as well as a high investment of time [16]- [18], [21], [22]. Due to these characteristics, and a high degree of novelty as well as a high technological complexity, a huge technological and commercial risk is inherent when developing DT [17], [18], [20].…”

Section: A Deep Techmentioning

confidence: 99%

“…Due to these characteristics, and a high degree of novelty as well as a high technological complexity, a huge technological and commercial risk is inherent when developing DT [17], [18], [20]. However, successfully developed DT potentially exhibits a significant advantage over existing technologies to be substituted or complemented [8], [16]- [18], [22], [23]. DT addresses the substantial societal and environmental problems of the 21st century and is, thus, of significant importance and interest for societies [4], [24].…”

Section: A Deep Techmentioning

confidence: 99%

Governmental Support Options for the Technology Transfer of Deep Tech Innovations

Schuh

Latz

Lorenz

2022

ITMS

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In recent years, systemic and society-changing technological innovations (Deep Tech or DT innovations) have emerged primarily in the USA and Asia, while Europe is technologically dependent in many application fields. The development of DT is characterised by high financial capital needs. Additionally, intellectual property (IP) management plays a major role. To reduce the technological dependency for many areas in Europe, an adjustment of the government’s role as an actor in the innovation system appears beneficial. Targeted measures can improve the development and transfer of DT and, thus, contribute to securing long-term competitiveness of European nations. The aim of this contribution is therefore to identify support options within the technology transfer of DT innovations by conducting a structured literature analysis. In total, 27 applicable options are identified and structured into derived fields of action within innovation systems.

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“…However, deep-tech entrepreneurship is limited to exploring emerging technologies, not established technologies (Siota & Prats, 2021). Also, as it is a new concept of entrepreneurship and is associated with emerging technologies, studies on the subject and the conditions to enable this activity are still scarce (Romansanta, Ahmadova, Wareham, & Priego, 2022). In this sense, to contribute to the EEs' studies, in this article, we seek to answer the question:…”

Section: Introductionmentioning

confidence: 99%

Identifying necessary conditions to deep-tech entrepreneurship

Dionísio

Júnior

Morini

et al. 2023

RAUSP

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Purpose This paper aims to address which resources provided by an entrepreneurial ecosystem (EE) are necessary for deep technology entrepreneurship. Design/methodology/approach The authors used a novel approach known as necessary condition analysis (NCA) to data on EEs and deep-tech startups from 132 countries, collected in a global innovation index and Crunchbase data sets. The NCA makes it possible to identify whether an EEs resource is a necessary condition that enables entrepreneurship. Findings Necessary conditions are related to political and business environment; education, research and development; general infrastructure; credit; trade; diversification and market size; and knowledge absorption capacity. Research limitations/implications The results show that business and political environments are the most necessary conditions to drive deep-tech entrepreneurship. Practical implications Policymakers could prioritize conditions that maximize entrepreneurial output levels rather than focusing on less necessary elements. Social implications Some resources require less performance than others. So, policymakers should consider allocating policy efforts to strengthen resources that maximize output levels. Originality/value Studies on deep-tech entrepreneurship are scarce. This study provides a bottleneck analysis that can guide the formulation of policies to support deep-tech entrepreneurship, as it allows to identify priority areas for resource allocation.

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Deep Tech: Unveiling the Foundations

Cited by 4 publications

References 73 publications

Enhancing Europe’s sustainability through innovation and technology

Enhancing Europe’s sustainability through innovation and technology

Governmental Support Options for the Technology Transfer of Deep Tech Innovations

Identifying necessary conditions to deep-tech entrepreneurship

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