The Techno-Economic ecoSystem (TES) analytical approach, developed by the JRC, provides a detailed mapping and examination of dynamic ecosystems for emerging technologies, which can impact competitiveness and economic growth. They are characterized by rapid evolution and complex interlinkages, reshaping the future global technological landscape.
Traditional metrics and classifications struggle to capture the relational dimensions, interconnections and knowledge flows within these ecosystems. This makes TES a vital tool for understanding how these complex environments can influence on the EU's competitiveness.
The Digital Techno-Economic ecoSystem (DGTES) is the application of the TES methodology to measure, map and analyse the digital ecosystem and its subdomains. It evaluates the impacts of the digital transition on the economy, competitiveness and strategic autonomy; and provides quantitative insights of investment flows within the global digital ecosystem.
What answers can we provide through this methodology?
- Competitiveness analysis of global digital landscape, with the possibility to track EU's position in relation to other regions and specific actors, monitor initiatives worldwide, and detect early signals about emerging investment trends and market shifts.
- Strategic allocation of private and public funding in specific digital areas, timeframes, sectors and other industrial ecosystems, maximising competitiveness opportunities and innovation potential, and also considering distribution or concentration of investment in the worldwide landscape.
- Risk assessment to identify and mitigate potential dependencies and vulnerabilities within digital areas, and understand the interplay between public and private funding.
- Opportunity identification to detect emerging trends, market concentration, and areas of potential growth. It enables to capitalise on new opportunities and stay ahead in the rapidly evolving digital landscape.
- Evaluation of the digital ecosystem evolution, to provide insights into potential correlations with legislative and geopolitical events, offering a broader understanding of how external factors may affect digital ecosystem dynamics.
What forms of investments do we consider?
- Public funding of firms and public institutions from EU funds
- Private funding of firms raised via venture capital (VC) deals
- Private investment in tangible and intangible assets by firms to operate their daily business (such as equipment, software, and R&D)
Public and private investment data, combined with the flexibility and granularity of DGTES approach, make this a policy-relevant tool to analyse the digital transition. We explore the evolution of the global network, players influencing specific digital technology clusters, entities leading the global race in digitalisation, and the extent of the EU's involvement in comparison to other global regions
