![[Deep Tech] Deep Tech Ecosystem](https://images.spr.so/cdn-cgi/imagedelivery/j42No7y-dcokJuNgXeA0ig/6edff114-df5f-4a39-b887-344359b3b810/20241121_III/w=3840,quality=90,fit=scale-down)
📌 Key facts
⏱️ When: Start date is flexible! Applications are open!
📥 How to apply: Send us an e-mail (at the end of this page) with your CV and grade report
- 📌 Key facts
- 💡 Background
- 🎯 Goals
- 🦾 Who We Are
- 🧠 Topics of Interest
- 🎓 Profile
- 📚 Further Reading
- 📝 How to Apply
💡 Background
Deep Tech is based on high-tech innovation in significant scientific advances (e.g., Artificial Intelligence, Biotechnology, Quantum Computing, and Advanced Materials). Unlike traditional startups, Deep Tech startups require substantial time and capital to bring their technologies to market due to implementation, investment and collaborative risk (Romme, 2022).
Successful startups are characterized by their reliance on strategic geographical ecosystems, robust venture capital support, and innovative business models. Research highlights the clustering of successful startups in key hubs, driven by access to talent, funding, and market opportunities (Bock & Hackober, 2020). Funding is a critical determinant of startup success, as studies indicate that successful startups secure substantial capital through later-stage funding rounds. These rounds not only provide the resources needed for scaling but also signal credibility to stakeholders (Bock & Hackober, 2020).
Despite strong interest in Deep Tech from politics and practice, there is little scientific research on the topic. This study focuses on Deep Tech as a startup ecosystem to generate insights and practical recommendations, specifically analyzing the characteristics of Deep Tech startups to understand what drives their success.
🎯 Goals
Preparation:
- Finalize the ID mapping of Deep Tech startups from PitchBook, Crunchbase, and Dealroom (high effort)
- Validate the information from different data sources and create a reliable database
Analysis:
- Analyze the geographical distribution and clustering of Deep Tech startups
- Examine the role of venture capital, funding patterns, and investor characteristics in the success of Deep Tech startups
- Assess the timing and market conditions that contribute to the emergence of unicorns in Europe
🦾 Who We Are
The Chair for Strategy and Organization is focused on research with impact. This means we do not want to repeat old ideas and base our research solely on the research people did 10 years ago. Instead, we currently research topics that will shape the future. Topics include Agile Organizations and Digital Disruption, Blockchain Technology, Creativity and Innovation, Digital Transformation and Business Model Innovation, Diversity, Education: Education Technology and Performance Management, HRTech, Leadership, and Teams. We are always early in noticing trends, technologies, strategies, and organizations that shape the future, which has its ups and downs.
🧠 Topics of Interest
- Deep Tech characteristics
- Entrepreneurial ecosystems
- Founder human capital and their influence on startup success
- Role of venture capital
🎓 Profile
- Your work is super accurate. There is no room for 80/20, thus your academic track record is excellent
- Reliable, self-driven working style and proactive communication
- Analytical thinking and statistical knowledge
- Interest in entrepreneurship and startup ecosystems
📚 Further Reading
- Maarouf, A., Feuerriegel, S., & Pröllochs, N. (2024). A Fused Large Language Model for Predicting Startup Success. European Journal of Operational Research, S0377221724007136. https://doi.org/10.1016/j.ejor.2024.09.011
- Te, Y.-F., Wieland, M., Frey, M., Pyatigorskaya, A., Schiffer, P., & Grabner, H. (2023). Making it into a successful series A funding: An analysis of Crunchbase and LinkedIn data. The Journal of Finance and Data Science, 9, 100099. https://doi.org/10.1016/j.jfds.2023.100099
- Romme, A. G. L. (2022). Against All Odds: How Eindhoven Emerged as a Deeptech Ecosystem. Systems, 10(4), 119. https://doi.org/10.3390/systems10040119
📝 How to Apply
If you are interested, please contact Jannik Nolden by submitting 1) your desired starting date, 2) CV, 3) grade report and 4) a short motivation letter why you are interested in this topic and how you are a good fit for it.
Jannik Nolden (Chair for Strategy and Organization) 👉 jannik.nolden@tum.de