Forecasting Technological Progress
Technological improvement and more generally innovation are the dominant factors underpinning economic growth and are essential for sustainability and the clean energy transition. Our goal is to develop models for technological evolution that can provide a foundation for a theory of economic growth and allow us to make clear recommendations regarding the best technological investments for sustainability transitions. In this project we are using networks and time series analysis to analyse performance curves and the large historical records of patenting activity to map the evolution of technological ecosystems.
People: J. Doyne Farmer, François Lafond, Rupert Way