India, Nov. 10 -- The government and academic institutions are setting up accelerators to turn science into startups. Is it right to ask academicians to start a business?

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.

The global deep tech market is projected to be worth $714.6 billion by 2031. That's a huge business opportunity and it requires scientists from physics, engineering, biology and computer science to develop businesses...