DREAM: Methodology for Market Replication

According to the EU Commission, a ‘market replication’ assessment aims to support the first application/deployment in the market of an innovation that has already been demonstrated but not yet applied/deployed in the market due to market failures/barriers to uptake. 

Market Replication aims to: 

• Develop a comprehensive feasibility study on a project technologies transferability to other process industries  
• Raising interest among other process industries stakeholders 
• Develop a strategy to cross-fertilise the whole SPIRE industrial community through project exploitable results 
• Maximising the impact of the project, especially focusing on the European area
• Fostering cooperation and exchanges between European countries and to create synergies in basic and applied research regarding the project exploitable results.

Within DREAM Project, the partners have developed a reliable and transferable methodology to boost the market replication of exploitable results. The methodology consists in the following steps:

• Overview of the exploitable results obtained with market replication potential
• Preliminary identification of SPIRE sectors with market replication potential for exploitable results 
• Analysis of the relationships between the project publications and the sectors of interest 
• Analysis of the presence of the project technologies for each sector of interest 
• Identification of the sectors with the greatest potential for market replication for each result 
• Search for NACE codes for statistics (EUROSTAT data)