Clean Energy Innovation Ecosystems Discovery - Measuring Innovation Through Data Analytics (MIDAS)
As part of the Mission Innovation rollout at the Paris COP 21, 20 countries announced to double their R&D budgets over 5 years to accelerate lab-to-market clean energy innovations. These innovations must address technical urgency and navigate complex institutional, social and financial environments. To inform budget and program development, policymakers need to understand existing clean energy innovation ecosystems (IE) and their characteristics at the local, state, and regional levels within the US. Researchers at ORNL have implemented a ground-breaking application of natural language processing, link analysis, and other computational techniques to transform text and numerical data into metrics on clean energy innovation activity and geography. The 'Measuring Innovation through Data Analytics' (MIDAS) application uses data to determine where clean energy innovation ecosystems exist and the underlying scoring algorithm "ranks" the strength of the ecosystem for several clean energy technologies. The selection of the data sources is driven by the fact that a clean energy IE can be identified as an intersection of nascent clean technology efforts and financing mechanisms and related large companies located in a geographically concentrated area with an enabling environment to encourage commercialization and networking assets to facilitate communication. MIDAS is a machine-assisted methodology that provides the user with a replicable method to rapidly identify, quantify and characterize clean energy innovation ecosystems. This software application and the underlying datasets have the potential to address many important policy questions. The initial broad list of U.S. clean energy ecosystems, with geographic area, technology focus, and list and types of involved organizations can help describe regional tech activities and capabilities. Other potential applications include understanding the effect of private sector investments on ecosystem activity, and trends analysis.