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What Is Deep Tech and Why Is It Key to Europe's Future?

Aymeric Penven, Director of the HEC Paris Deeptech Center, explains how science-based innovation can transform industries and strengthen Europe's technological sovereignty.
 

Key findings
  • Deep tech transforms scientific discoveries into businesses, from biotechnology to advanced materials.
  • It offers new solutions to resource scarcity, energy challenges and dependence on oil.
  • Europe leads in scientific research but struggles to turn discoveries into companies at scale.
  • Deep tech success depends on collaboration between researchers, corporations, investors and regulators.
  • Technological expertise and infrastructure are becoming strategic assets for European sovereignty.

What if Europe's future sovereignty depended less on natural resources and more on its ability to turn scientific discoveries into successful businesses?

This is the promise of deep tech: entrepreneurship rooted in scientific research and frontier technologies, with the potential to transform industries, develop alternatives to scarce resources and address major environmental and economic challenges.

Europe is home to some of the world's leading scientists and produces world-class research. Yet turning scientific breakthroughs into successful companies capable of growing at scale remains a major challenge. Beyond technological excellence, deep tech requires an entire ecosystem in which researchers, corporations, investors and regulators work together.

In this HEC Paris Decoding video, Aymeric Penven, Director of the HEC Paris Deeptech Center, explains what makes deep tech different from traditional entrepreneurship, why Europe struggles to commercialize its scientific discoveries and what is needed to unlock their potential.

As technological knowledge, know-how and infrastructure become increasingly important to national autonomy, deep tech is emerging as a strategic issue for Europe's competitiveness, sovereignty and future prosperity.

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