As deep-tech demand burgeons, can scientists make lab-to-market pivot?

The global deep tech market is projected to be worth $714.6 billion by 2031.

The government and academic institutions are setting up accelerators to turn science into startups. Is it right to ask academicians to start a business?

The Union cabinet approved ₹1 lakh crore to catalyse research and innovation across deep tech, from robotics to space. (Shutterstock)

For decades, there was this image of scientists – geniuses living in their laboratory, working with beakers and lab rats, lost in their own world. For centuries, science was based on patronage – of governments and businesses. But this image is quickly changing thanks to emerging technologies such as AI, robotics, quantum computing, space and biotechnology.