While it is important to understand and manage the risks of innovation and digitization, you sometimes need to take those risks.
Investors are showing increasing willingness to take risks on digital technologies in Europe. We see a growing appetite for investment in deep tech, which involves applying digital technologies to areas beyond the digital sphere, like life sciences, quantum computing or the expanding field of space tech.—22% less than the 2021 total, but still up 60% in 2020, according to a report by Dealroom.
and vibrant ecosystems based on the knowledge triangle concept—integrating activities in education, innovation and business creation—can help companies to have a broader perspective. Risk also means change. Your team must grow and adapt. When scaling, the team structure at a startup often cannot adapt to the growth organically or fast enough. Make sure you are ready to make serious changes, even on the management level, to adapt.
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