This Boston Consulting Group report by Massimo Portincaso, , and Philippe Soussan, discusses seven categories of so-called deep-tech areas of research that are likely to yield new disruptions for businesses of all types. They believe that deep-tech industries are no longer dominated by larger companies doing incremental research, but ratherby small, nimble enterpreneurial firms finding and developing solutions for novel use cases.
They claim we are moving into a phase in which truly new types of infrastructure for business uses is emerging. And the development of these new uses requires a whole ecosystem– a band of cooperating players, including technicians, investors large and small, and firms who have use cases– rather than simply a firm, some financing, and a product. This differs from the ‘maker’ approach to innovation, which believes we can just set people working with some simple tools, and they will come up with the products the world needs.
I support this ecosystem approach, not the more limited one. As an example I call your attention to NYMIC, the New York Maritime Innovation Center, started by my colleague Dr Chris Clott of SUNY Maritime. It fits exactly into the role of helping create a good ecosystem for innovation in the maritime field, one which greatly needs stimulants to produce service improvements. Its motto is “Convene, Connect, Catalyze”, which exactly expresses what BCG’s discussion here is saying.