Adopting Deep Tech in SMEs via Open Innovation: Pains and Routes 2024 - Webinar | IESE Business School | 20 February 2024 | Webinar

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

2024 Speakers

Jose Maria Siota
IESE Business School

2024 Partners

PROJECT PARTNERS:
• Generalilat de Catalunya
• Eurecat
• CvC
• i2cat
• UPC
• Asc
• ICFO
• LeiTat
• IESE
• Forment
• PIMEC