Europe risks wasting its global lead on deep tech innovations

<pre><pre>Europe risks wasting its global lead on deep tech innovations

It's a little bit rough yardstick for measuring deep tech innovation, and the result may reflect historical prejudice as well as actual innovation leadership. However, Europe is the leader in any other continental region in terms of the number of Nobel Prize winners in chemistry. Medicine and physics.

These three categories are closely related to what we call deep tech – startups that not only apply a technology level or shell to an existing product, service, or business model, but drive ideas that focus on substantial R&D -intensive and constructive bases are based on IP protection, scientific progress and technological innovation.

These advances – and the startups that turn them into companies – often come from university research teams. In this regard, Europe is also home to two of the world's leading universities for research quality, Oxford and Cambridge Universities. Another European institution, ETH Zurich, rounds off the top 10.

Instead, if you classify universities around the world according to the level of venture capital investment backed by startups founded by their graduates, the top of the table will have a distinctly American character, with Stanford (fourth in the rankings of research quality) takes the top spot in front of eight other US universities in the top 10 (including some that are not in the top 10 of the research quality ranking). The University of Tel Aviv is the only representative in Europe (depending on your definition) in the top 10, ranked by the funding of spin-offs.