Unveiling the Crucial Difference: Transferring Deep Tech vs. Bringing Deep Tech to the Market
Deep tech, characterized by its groundbreaking and innovative nature, plays a pivotal role in shaping the technological landscape. However, the journey from its creation to its practical utilization involves a long and nuanced process. This article explores the distinction between transferring deep tech and bringing it to the market in various forms, including solutions, products, or highly qualified services.
Deep Tech Basic Characteristics:
Deep tech, short for deep technology, refers to technological innovations rooted in scientific advances and breakthroughs. Unlike conventional technologies, deep tech involves complex and novel solutions that often require extensive research and development (R&D) usually, but not always, devised in labs, technology centers and universities. Examples include artificial intelligence, quantum computing, nanotechnology, and biotechnology. The distinguishing feature of deep tech lies in its ability to push the boundaries of what is currently possible, often leading to transformative advancements across industries. It also implies that the technology itself might be somewhat distant from practical utilization and exploitation because it requires a business-oriented approach.
Tech Transfer:
The handover or shift of deep technology from the creation context to the utilization and exploitation context is commonly known as tech transfer. This process involves moving knowledge, technology, or intellectual property (IP) from research institutions or creators to the commercial sector. Historically, tech transfer has been a fundamental step in bringing innovations to market, bridging the gap between academic research and practical applications, but with the complexity of how the adopter could take full advantage of the novel technology. For that aim, in tech transfer, creators often collaborate with industry partners, venture capitalists, or licensing agencies to commercialize their deep tech inventions. The primary goal is to translate research outcomes into tangible products, services, or solutions that address real-world challenges.
The tech transfer model remains valid and fruitful, continuing to be one of the most relevant scenarios for maintaining the connection between science and industry. However, the rapid evolution of the market has compelled breakthrough creators to explore alternative avenues to address business needs and alleviate business challenges.
Utilizing and Exploiting Deep Tech in the Current Business Scenario:
In today’s dynamic business environment, there are several main ways to utilize and exploit deep tech further than the traditional tech transfer model:
Tech Solutions or Products (Licensed, leased, etc.):
The most common approach is to offer deep tech as a solution or product through licensing or leasing agreements. In this model, businesses can acquire the rights to use specific technologies developed by others without taking full ownership. This allows companies to access cutting-edge innovations without shouldering the entire burden of development and support.
Licensing deep tech provides a strategic advantage for both parties involved. Creators benefit from increased reach and commercialization opportunities, while adopters gain access to state-of-the-art solutions without the complexities of in-house development.
Qualified Services Provided by Deep Tech Creators:
Another avenue is the provision of qualified services by the creators themselves. Deep tech innovators can offer specialized expertise, consulting, or customized solutions to businesses seeking to leverage their technological advancements. This approach allows creators to maintain a direct involvement in the application of their technology, ensuring its optimal use and adaptation to diverse business needs.
Offering qualified services also fosters ongoing collaboration between the deep tech creator and the businesses using their expertise. This dynamic relationship can lead to continuous improvements and tailored solutions that evolve with the rapidly changing technological landscape.
Transfer of Deep Tech Pieces, Including IP:
The third method involves the transfer of deep tech pieces, including intellectual property, from the creator to adopters. This comprehensive approach entails transferring not only the technology itself but also the rights and ownership associated with it. Businesses acquiring deep tech in this manner gain full control over the innovation, enabling them to integrate it seamlessly into their operations or existing products.
The transfer of deep tech pieces, including IP, demands careful negotiation and legal considerations. Clear agreements regarding ownership, usage rights, and potential future developments are essential to ensuring a smooth transition and successful integration of the technology into the adopter’s ecosystem.
In conclusion, the journey from deep tech creation to market utilization involves strategic decisions that significantly impact the technology’s success. Whether through licensing, qualified services, or tech transfers, understanding the nuances of these approaches is crucial for both deep tech creators and adopters looking to navigate the ever-evolving landscape of technological innovation.
