Portugal faces four "structural bottlenecks" that prevent advanced technology startups, known as "deep tech", from growing, according to a study conducted by Porto Business School. The lack of specialized talent and funding shortage are identified as the main obstacles for these companies that develop innovative technologies based on scientific research.
The "dean" of Porto Business School spoke to Negócios about the study's conclusions and pointed out solutions to overcome these barriers. The academic institution recognizes that it is necessary to create conditions for these startups to develop and remain in Portugal.
The official argues that the country must do more for its intellectual property, meaning the protection of inventions and discoveries created by Portuguese researchers and companies. This is considered an essential condition for attracting investment and allowing national innovation to consolidate and commercialize.
The Porto Business School study comes at a time when deep tech startups are seen as fundamental to a country's economic competitiveness, but in Portugal they face specific difficulties that limit their growth potential and talent retention.
