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Can we unlock deep-tech in Indian startups for long-term success?

Aswathy Sreenivasan (Amrita School of Business, Amrita Vishwa Vidyapeetham, Coimbatore, India)
M. Suresh (Amrita School of Business, Amrita Vishwa Vidyapeetham, Coimbatore, India)

Technological Sustainability

ISSN: 2754-1312

Article publication date: 28 February 2023

Issue publication date: 26 January 2024

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Abstract

Purpose

Innovation in technology is nothing new. However, a strong surge of inventions centered on digital apps and platforms has emerged over the past decade and has come to be associated with the tech sectors. The purpose of this research is to know whether deep-tech can be unlocked in startups for their long-term success.

Design/methodology/approach

Papers and websites that included the term deep-tech startups were considered for this study.

Findings

The authors have seen no explanation why India cannot develop several global deep-tech firms in the coming five years, similar to what China did in the previous 10 years, if Indian deep-tech entrepreneurs receive solid support from domestic industry giants, supportive regulatory changes and prompt access to finance. The authors think that the epidemic has made conditions for this to pick up speed that is highly favorable.

Research limitations/implications

This research is limited to a few numbers of papers and websites.

Practical implications

Due to the unanticipated disruption, the pandemic caused, clever robotics and hands-free technology were urgently needed. The development of smart, self-monitoring, simple, tailored and potential on-the-go improvement solutions are the talk of the day. Deep-tech solutions have the ability to provide limitless benefits in a variety of fields to the world's 1.3 billion inhabitants.

Social implications

This research will help startups to know more about deep-tech and implement them to be the first-mover advantage in this competitive and turbulent environment.

Originality/value

The novelty of this research is based on its presentation of an organized and thorough evaluation, which defines the current state of the art with regard to deep-tech startups. Not many studies have been performed in the area of deep-tech startups. In order to create a sustainable startup, a thorough study on how deep-tech can be unlocked in startups and its opportunities, challenges and funding is presented.

Keywords

Acknowledgements

Expression of Concern: The publisher of the Journal Technological Sustainability is issuing an Expression of Concern for the following article Sreenivasan, A. and Suresh, M. (2023), “Can we unlock deep-tech in Indian startups for long-term success?”, Technological Sustainability, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/TECHS-01-2023-0001, to inform readers that the this paper, submitted to a subsequently cancelled Special Issue, does not meet quality expected by the Editor in Chief.

Citation

Sreenivasan, A. and Suresh, M. (2024), "Can we unlock deep-tech in Indian startups for long-term success?", Technological Sustainability, Vol. 3 No. 1, pp. 68-75. https://doi.org/10.1108/TECHS-01-2023-0001

Publisher

:

Emerald Publishing Limited

Copyright © 2023, Emerald Publishing Limited

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