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Technology Foresight for Public Funding of Innovation

Methods and Best Practices

In times of growing uncertainties and complexities, anticipatory thinking is essential for policymakers.
Technology foresight explores the longer-term futures of Science, Technology and Innovation. It can be used
as a tool to create effective policy responses, including in technology and innovation policies, and to shape
technological change.


In this report we present six anticipatory and technology foresight methods that can contribute to anticipatory
intelligence in terms of public funding of innovation: the Delphi survey, genius forecasting, technology roadmapping, large language models used in foresight, horizon scanning and scenario planning.


Each chapter provides a brief overview of the method with case studies and recommendations.
The insights from this report show that only by combining different anticipatory viewpoints and approaches
to spotting, understanding and shaping emergent technologies, can public funders such as the European
Innovation Council improve their proactive approaches to supporting ground-breaking technologies. In this
way, they will help innovation ecosystems to develop.

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Posted on: 28/10/2024

Last Edited: 13 days ago

CROSSEU December 2023 - November 2026

Cross-sectoral Framework for Socio-Economic Resilience to Climate Change and Extreme Events in Europe

The CROSSEU project was launched in response to growing societal needs for effective climate action and stronger socio-economic resilience. As climate change continues to impact our world, it becomes crucial to understand and manage its complex effects. 

Objective(s)
CROSSEU aims to respond to increasing societal needs to reduce climate-damaging actions, adapt to the expected consequences, and increase socio-economic resilience.

The main ambition of the project is to provide a science based and ready to use decision support system built on enhanced understanding of the biogeophysical risks from climate change, and their socioeconomic impacts in Europe, fully co-produced and implemented with practice stakeholders to ensure its uptake, and support effective coping with sectoral and cross sectoral climate risks within the context of the European green transition.

It will do this by delivering a climate-sensitive framework, including a ready-to-use decision support system platform and technical recommendations, to inform investment decisions, cost-effective adaptation and mitigation options and policy response to climate change.

The project will contribute to advancing the understanding of the socio-economic risks and response options associated with climate change impact in Europe in different timeframes, including the post-COVID-19 societal-environmental transformation, and derive practical recommendations for political and societal action.

The solutions proposed are based on an extensive assessment of the socio-economic risks of climate change in a cross-sectoral hierarchical approach, based on storylines addressing key categories of climate hazards in different socio-economic sectors and climate change-sensitive areas across countries and European regions.

The project will offer a ready-to-use solution that integrates complex information from available climate risk data sets and non-climatic sectoral data collected during the project implementation and derived through modelling based on demand-driven climate-socio-economic pathways.

CROSSEU is designed to bridge the science-based information about the economic impacts of climate change, and the unique contributions of the project will be:

1. the quantification of costs of existent and emergent socio-economic risks and opportunities at NUTS3 level
2. an improved representation of adaptation within biogeophysical climate change risk
3. a better consideration of modelling uncertainties by identifying their nature, assessing their characteristics in
a systematic way to determine a better informed and robust decision-making. 

The project's foresight component is crucial for projecting how various climate impacts will unfold under different global pathways (RCP-SSP). By examining future scenarios, it allows decision-makers to anticipate and plan for the most critical challenges, helping societies prepare for the compounded effects of climate change across sectors. The focus on cross-sectoral linkages emphasizes the need for integrated, multi-dimensional strategies to address both immediate and long-term climate risks, while ensuring social equity and resilience.
Future scenarios involve identifying and evaluating highly vulnerable areas across Europe in terms of their exposure to climate change, sensitivity to its impacts, and adaptive capacity. It focuses on key sectors—such as biodiversity, health, agriculture, forests, and water—and examines how these areas are likely to experience intense climate changes, particularly extreme events, in the future (2030, 2050, 2100).

Outputs

  • Enhance the modelling of mitigation and adaptation strategies in relation to projected bio-geo-physical processes and socioeconomic risks to different sectors for different time horizons (i.e. 2030, 2050 and 2100) considering both the individual characteristics and interactions between the various sectors
  • Co-assess synergies conflicts and trade-offs between mitigation and adaptation strategies across different sectors regions
  • Co-produce ready to use tools integrated in a science based decision support system for assessing the social and economic impacts of climate change, and support mitigation and adaptation options towards a climate resilient Europe
  • Consolidate the European union's response to climate change challenges and social and economic impacts in the context of the transformation related to the post COVID-19 crisis and geopolitical challenges


Expected outcomes
1. the project delivers a science based and ready to use decision support system built on enhanced understanding of the biogeophysical risks from climate change, and their socioeconomic impacts in Europe, fully co-produced and implemented with practice stakeholders to ensure its uptake.
2. the project consistently contributes to enhancing the overall impact of the destination climate across the EU
3. the project facilitates an improved understanding of the nature and extent of physical risks climate change driven hazards and their socio economic impacts at different levels of warming with or without adaptation
4. CrossEU integrates social sciences and humanities perspectives and insights throughout its entire workflow, engaging stakeholders including representatives of communities or citizen groups, sectoral policymakers, businesses, the scientific community, and civil society, through the entire project cycle.

CROSSEU is an EU funded project, with UK partners funded by UKRI.

Lead

Posted on: 10/11/2024

Last Edited: a month ago

ANTICIPINNOV December 2021 - November 2024

Anticipation and monitoring of emerging technologies and disruptive innovation

Anticipatin and monitoring of emerging technologies and disruptive innovation (ANTICIPINNOV) project is a collaboration between the European Commission Joint Research Centre (JRC) with the European Innovation Council (EIC) 2023-2024 to strengthen strategic intelligence capacity through the use and development of anticipatory approaches. Learn more about the project from its's three different branches. 

Everybody is looking into the Future! A literature review of reports on emerging technologies and disruptive innovation

Growing volatility, uncertainty, complexity and ambiguity, present leading challenges in policy-making nowadays. Anticipatory thinking and foresight are of utmost importance to help explore trends, risks, emerging issues, and their potential implications and opportunities in order to draw useful insights for strategic planning, policy-making and preparedness. The findings include a set of 106 signals and trends on emerging technologies and disruptive innovations across several areas of application based on a review of key reports on technology and innovation trends and signals produced by public and private entities outside of the EU institutions. Its goal is to strengthen the EIC’s strategic intelligence capacity through the use and development of anticipatory approaches that will - among other goals – support innovation funding prioritisation. Other insights were extracted, namely those related with the scope of the EIC Programme Manager portfolios. 

Read EU Policy Lab blog post :Everybody is looking into the future: a technology foresight perspective 

Scanning deep tech horizons: Participatory collection and assessment of signals and trends

The Joint Research Centre (JRC) and the European Innovation Council (EIC) conducted a series of Horizon Scanning exercises across six EIC programme managers’ (PM) portfolios as part of an ongoing collaborative effort to strengthen EIC strategic intelligence capacity through the use and development of anticipatory approaches. The fields covered include: Space Systems & Technologies; Quantum Technologies; Agriculture & Food; Solar Fuels & Chemicals; Responsible Electronics and Architecture, Engineering & Construction. The main findings of this Horizon Scanning – the identification and analysis of ‘signals’ from nascent research, technologies, or trends on the periphery of the mainstream – show opportunities for investment in emerging technologies and breakthrough innovations that can advance EU competitiveness while also serving to support the EU’s long-term policy and societal visions.Other insights were taken from this exercise, namely the identification of drivers, enablers and barriers to technology development and adoption, that could be the starting ground of further foresight exercises and policy initiatives. The report highlights three main themes – sustainability, energy, and scalability, which are overarching across signals, drivers, enablers and barriers. And concludes with a series of recommendations to streamline Horizon Scanning activities in the specific context and needs of the EIC. 

Read EU Policy Lab blog post: Technology foresight: anticipating the innovations of tomorrow 

Technology Foresight for Public Funding of Innovation: Methods and Best Practices

 In times of growing uncertainties and complexities, anticipatory thinking is essential for policymakers. Technology foresight explores the longer-term futures of Science, Technology and Innovation. It can be used as a tool to create effective policy responses, including in technology and innovation policies, and to shape technological change. In this report we present six anticipatory and technology foresight methods that can contribute to anticipatory intelligence in terms of public funding of innovation: the Delphi survey, genius forecasting, technology roadmapping, large language models used in foresight, horizon scanning and scenario planning. Each chapter provides a brief overview of the method with case studies and recommendations.The insights from this report show that only by combining different anticipatory viewpoints and approaches to spotting, understanding and shaping emergent technologies, can public funders such as the European Innovation Council improve their proactive approaches to supporting ground-breaking technologies. In this way, they will help innovation ecosystems to develop. 

Posted on: 22/10/2024