Deep Tech Solutions for Emerging Markets
Deep tech companies aim to address the world’s biggest challenges. These include providing Internet access to the unconnected, reducing greenhouse gas emissions, significantly increasing productivity gains across industries, and helping to solve ma...
| Main Authors: | , , |
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| Format: | Brief |
| Language: | English |
| Published: |
International Finance Corporation, Washington, DC
2020
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/161011606381111160/Deep-Tech-Solutions-for-Emerging-Markets http://hdl.handle.net/10986/34859 |
| Summary: | Deep tech companies aim to address the
world’s biggest challenges. These include providing Internet
access to the unconnected, reducing greenhouse gas
emissions, significantly increasing productivity gains
across industries, and helping to solve many other
intractable problems, particularly in emerging market and
developing economies. A deep tech company brings
transformative technology from the lab to the market, and
democratized research infrastructure and increased available
funding has led to the rise of deep tech companies globally,
including in emerging markets. Yet commercialization is
critical to realizing the benefits of deep tech solutions,
and deep tech firms often struggle to successfully
commercialize their breakthroughs. Strengthening local
ecosystems and investing in deep technologies are critical
to overcoming this common obstacle. As development finance
institutions, institutional investors, and private equity
and venture capital investors explore longer-term investment
strategies, deep tech commercialization offers not a
tech-enabled silver bullet but a holistic approach to
investing in technology solutions. |
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