The master thesis “A Best-In-Class Technology Scouting Process for an Established Energy Organisation” derives a best-in-class technology scouting framework for an established energy organisation. Here is the abstract:
This thesis outlines a best-in-class technology scouting framework for an established energy organisation. The framework is developed through a systematic review of academic and grey literature, which is then complemented through expert interviews. In order to define a best-in-class technology scouting process for an established energy organisation, two main research questions are answered. Firstly, the phases and assessment criteria in a best-in-class technology scouting process, and secondly, the expertise and sources of the involved technology scouts for an established energy organisation. A three-step approach is taken to answer them. Firstly, the concepts of open innovation and technology intelligence are investigated, and the advantages and disadvantages are highlighted. Secondly, an outline of the key trends and challenges affecting the energy industry is given. Thirdly, the phases of technology scouting are outlined, internally and externally involved roles are highlighted, their expertise and sources are investigated, and concrete tools which are used during the process are developed. The thesis concludes that a best-in-class technology scouting process for an established energy organisation consists of four main phases. Subphases, tools and assessment criteria are identified within each phase. Furthermore, in-depth insights on the profiles of internal and external technology scouts, their expertise, capabilities, sources as well as incentives is provided.