This report provides a literature review of publications authored by numerous external organisations. It summarises 34 signals and trends of emerging technologies and breakthrough innovations across the 11 primary categories of a taxonomy defined by the European Innovation Council (EIC). The authors investigate not only what is deemed most novel in multiple application domains but what is worth the attention of European Union (EU) policy audiences involved with priority-setting and decision-making.
This work that has led to this literature review (1) reviews and evaluates 186 reports and articles on emerging technologies, (2) captures 489 signals, of which 86 have been short-listed and 34 selected for this report, (3) creates an internal database of signals which is used to digest and analyse the evolution of signals and novel technologies (4) connects signals with EIC portfolios and other European Commission (EC) initiatives such as policies surrounding critical technologies and Strategic Technologies for Europe Platform (STEP) investments that, together with the primary and secondary levels of the EIC taxonomy, provide multiple types of analysis and insights (5) draws conclusions that aim to support the EIC’s funding prioritisation and additionally, provide reflections on EIC portfolio setting.
By using the best publicly-available data to produce a harmonised internal database, along with an appropriate filtering and selection methodology, the authors aim to provide a support platform for future-oriented technology analysis of relevance for other EU policy-making initiatives.