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From Tech to Deep Tech

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Exhibit 4. Most critical resources<br />

The Broad Scope<br />

of Corporate<br />

Collaborations<br />

-<br />

<strong>Deep</strong>-tech startups look for key resources<br />

through their interactions with venture<br />

capitalists and angel inves<strong>to</strong>rs, universities,<br />

accelera<strong>to</strong>rs/ incuba<strong>to</strong>rs, government, and<br />

corporates. On the deep-tech startups’<br />

horizon of needs, each stakeholder has a<br />

specific role <strong>to</strong> play. (See Exhibit 5.)<br />

Still, corporate partners can help startups<br />

across the widest range of activities.<br />

Startups view corporates as potential<br />

funding channels, but they don’t consider<br />

access <strong>to</strong> funding <strong>to</strong> be their primary appeal.<br />

Rather, the high value that corporates have<br />

<strong>to</strong> startups is due <strong>to</strong> their being the only<br />

ac<strong>to</strong>r that combines technological, market,<br />

and industrial expertise and capabilities,<br />

which deep-tech startups need <strong>to</strong> gain as<br />

early as possible but rarely possess in-house.<br />

In cooperating with corporate, deep-tech<br />

startups are aiming for access <strong>to</strong> the market<br />

(via the corporate’s data, distribution network<br />

or cus<strong>to</strong>mer base), and technical expertise.<br />

More than 95% of startups in the survey<br />

wish <strong>to</strong> develop a long-term partnership<br />

with a corporate, and 57% of them have<br />

successfully established one.<br />

13

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