The flow of capital to
deep-tech startups is rapidly becoming a torrent. Since 2016, annual
investments in startups focused on commercializing emerging technologies such
as biotechnology, robotics, and quantum computing grew in value from $15
billion to more than $60 billion worldwide, with the average private investment
more than tripling in size. Deep-tech corporate venturing (CV) — the
second-largest source of this funding — grew from $5.1 billion in 2016 to $18.3
billion in 2020.
The intent behind
these deep-tech corporate investments is clear. In theory, deep-tech CV enables
companies to quickly gain expertise in leading-edge technologies and pursue
potentially disruptive innovations without building internal capabilities from
scratch. In reality, however, such funding can come with high hurdles, such as
time-to-market durations that often exceed five years, and the greater risk
inherent to novel and complex technologies. The difficulties are underscored by
an analysis we conducted that revealed that 68.9% of the initiatives failed to
deliver their expected results.
How small and
medium-sized businesses (SMEs) can better adopt emerging technologies by
innovating with startups? This webinar will shed light on:
- How to better identify, collaborate, and
integrate value from these emerging technologies via open innovation?
- What are some of the biggest challenges in this
adoption and how to tackle them?
- Some of the forthcoming trends and
opportunities in this field
The webinar will be led by Josemaria Siota, Executive Director at the IESE’s Entrepreneurship and Innovation Center. Josemaria has been designated Expert on Corporate Venturing at the European Commission, and is a member of the World Economic Forum’s Expert Network. He leads cutting-edge research on open innovation, corporate venturing, and technology transfer, working around the world with successful Chief Innovation Officers and top-tier academics, to create a positive impact in society.
