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Technology Roadmaps

Archived - Evaluating Technology Roadmaps — A Framework for Monitoring and Measuring Results: Preface

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This document sets out a framework to assist with the monitoring and measuring of results achieved through Industry Canada's Technology Roadmaps initiative. While the document references Industry Canada (IC), the substantive content of the various sections would be of use to any federal or provincial government department or agency, or any industry, company or sector that understands technology Roadmapping in the same manner as Industry Canada.

Preface

We at Industry Canada believe strongly that Technology Roadmaps (TRMs) are valuable tools for both government and industry. They provide a proven mechanism for Canadian companies to make accurate predictions of future market demands and determine the innovative processes and products required to satisfy them.

To achieve success in today's global economies, companies must be able to produce the right product at the appropriate time. TRMs are exceptional analytical and marketing tools with the capacity to chart future market directions, forecast technological developments, and help determine the strategic choices that companies need to make. Through this process, TRMs provide the impetus for research and development, technological innovation and technology transfer.

The formation of dynamic partnerships between public and private sector organizations is another critical I element for success in the evolving marketplace. By stimulating dialogue and collecting valuable information, TRMs encourage such partnerships and can help establish policies and set planning priorities for both industries and government.

The TRM initiative is an important component of how Industry Canada interacts with industry, academic institutions, research organizations, and other governments. It is critical therefore, to develop and implement a mechanism to monitor how well the initiative is achieving its intended results.

To ensure that effective evaluations were undertaken, an independent consulting company was hired to develop a framework to assist with the monitoring and measuring of results achieved through the Roadmapping exercise. While recognizing that there are differences between Roadmaps, this framework provides a series of common "yardsticks" by which the performance of TRMs can be determined.

Industry Canada has completed evaluations on each of six Technology Roadmaps followed by a horizontal evaluation conducted across the same six TRMs to identify common elements. Evaluations were also conducted on four TRMs that had been specifically developed in response to funding from the Climate Change Action Fund.

Evaluating Technology Roadmaps is an essential tool for Canadian industry to better gauge how they can technologically prepare themselves to compete in a global and innovative marketplace.