Professor, Centre for Research on Start-ups and Risk Financing, Department of Management Studies, IIT Madras and Co-Founder, YNOS Venture Engine Start-up
What is the Deep Tech Ecosystem?
India’s reliance on Science and Technology (S&T) for national development and economic growth is nothing new. India’s prowess on various areas of S&T such as atomic energy, space, missile technology, biotechnology have been globally recognized.
While the recent thrust on Deep Tech builds on some of the existing pillars of science, what makes Deep Tech different are twofold: the process and end-use. Deep Tech, if not explicitly, at least implicitly indicates the involvement of startups in the innovation and commercialization process. Startups help in hurrying up the research, development and commercialization of the technology of the new product along with managing the risky radical innovations. In terms of end use, Deep Tech indicates the use of advanced science and technology in addressing social and economic problems.
Deep Tech tries to solve big problems by using tangible scientific discoveries or engineering innovation. Many startups in energy, materials, chemicals, computer sciences, energy and clean technology are considered as Deep Tech startups.
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Denne historien er fra March 2022-utgaven av DataQuest.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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How big is India's Computer Accessories Market? Innovations expected by FY25
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Roadmap for Bank-based Apps to Gain UPI Market Share A missed opportunity!
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The Future of Machine Identity
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Redefining AI Application Delivery
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EPAM's Bold Leap: Transforming Business with Al-Driven Salesforce Solutions.
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The Smart Manufacturing Revolution in India
Explore how cutting-edge technologies are redefining manufacturing in India, shaping a future where efficiency and sustainability go hand in hand.
Digital Governance: Changing that Red Carpet into a Green One
India's approach and success stories in digital governance show how technology should be used to cover the entire carpet area - From expanding inclusion to the digitally not-so-savvy folks to strengthening interoperability - we have made sure the grass is green, every side