Deep Tech: Unveiling the Foundations

ESADE Working Papers Series 276

49 Pages Posted: 27 Jan 2022 Last revised: 7 Mar 2022

See all articles by Angelo Romasanta

Angelo Romasanta

ESADE Business School

Gozal Ahmadova

ESADE Business School

Jonathan Douglas Wareham

ESADE Business School

Laia Pujol Priego

University of Navarra - IESE Business School; ESADE Business School

Date Written: August 21, 2021

Abstract

“Deep tech” is a term used by venture capital and policy makers to refer to the sophisticated technologies with the potential to address many of the challenges of economic development, public health, and climate change. Unlike better known, consumer-facing digital startups that can generate large returns in a short amount of time, deep tech projects require large initial investments and long development times to find their market. Yet, where the term has become widely used among venture capital and policymakers, academia has lagged in assimilating the concept, leading to misconceptions on how to properly leverage deep tech. In response to a need for a more complete conceptualization of deep tech, this article analyzes the phenomenon as it appears in various media outlets, its embryonic academic literature and related accumulated research. We uncover five key defining dimensions encompassing various interpretations of deep tech: as fundamental, as complex, as distant, as beneath, and as profound. From this conceptualization, we then elaborate a research agenda in deep tech to help support policymakers and the business community as they deal with this emerging domain of investment.

Suggested Citation

Romasanta, Angelo and Ahmadova, Gozal and Wareham, Jonathan Douglas and Pujol Priego, Laia, Deep Tech: Unveiling the Foundations (August 21, 2021). ESADE Working Papers Series 276, Available at SSRN: https://ssrn.com/abstract=4009164 or http://dx.doi.org/10.2139/ssrn.4009164

Angelo Romasanta

ESADE Business School ( email )

Av. de Pedralbes, 60-62
Barcelona, 08034
Spain
684319361 (Phone)
08025 (Fax)

Gozal Ahmadova (Contact Author)

ESADE Business School

Av. de Pedralbes, 60-62
Barcelona, 08034
Spain

Jonathan Douglas Wareham

ESADE Business School ( email )

Av. de Pedralbes, 60-62
Barcelona, 08034
Spain

HOME PAGE: http://www.esade.edu/faculty/jonathan.wareham

Laia Pujol Priego

University of Navarra - IESE Business School ( email )

ESADE Business School ( email )

Av. de Pedralbes, 60-62
Barcelona, 08034
Spain

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