Emerging technologies: quantitative identification and measurement

Emerging technologies present both challenges and opportunities for national technology strategies. National governments may therefore want to monitor the technological horizon on a systematic basis. This article outlines the quantitative approaches available for such monitoring. Among the standard types of bibliometric data, proposals and publications are most likely to be useful for this purpose since they capture information earlier in the cycle of technology development. Patents, in contrast, trail behind. Analysis can proceed with keywords or citations, and algorithms are available to use the information structure inherent in these kinds of data to identify and measure emerging areas. There are limitations, however, in all the available approaches and the authors therefore recommend using them in conjunction with expert methods by focusing the qualitative assessment in particular areas.