Comment by IESE Business School co-authors Josemaria Siota and professor M JuliaPrats, together with researcher Vittoria Emanuela Bria

Companies such as Toyota, Samsung, Alibaba and Lenovo are already innovating through partnerships with startups in the deeptech field – that is, with ventures in emerging technologies. Globally, investment in deeptech startups has quadrupled in the last five years: from $15bn in 2016 to $60bn in 2020.

Diving into this rising trend, the 2021 study, Open Innovation: How Corporate Giants Can Better Collaborate with Deep-Tech Start-ups: The Case of East and Southeast Asia, analyses more than 100 East and Southeast…