Innovation Readiness Level assessments

There have been recent efforts to transfer global Technology Roadmaps to an operational, decision- making level through the introduction of Demand Readiness Levels (DRL) in addition to the well-known Technology Readiness Levels (TRL). Although the DRL is a good attempt to consider a market perspective, it fails to represent the innovative process dynamics. For innovative programme management purposes, this vision has thus been extended Innovation Readiness Level (IRL) concept in REEEM. Based on a set of indicators, this approach can be used to select individual technologies or portfolios of technologies based on their potential to access markets and on the associated risks. Risk analysis will be a full part of this assessment, enabling an evaluation of uncertainty in the innovative process. This classification is expected to help inform the assessments of the technology pathways on a systematic basis, in accordance with technology deployment reality and R&D priorities.