INNOVATION FRAMEWORK - 4i
Innovation Intelligence - Opportunity Assessment
The InnovIQ Opportunity Assessment (OA) forms the third part of the 4i process. The OA provides an objective, fact-based and unique insight into the position of potential investments within the global competitive landscape through an understanding of the following:
The OA delivers a clear illustration of the potential of an investment, which supports a consistent platform for investment decisions and managing innovation investment portfolios.
- Novelty of the investment
- Has it been done before in the same way?
- Has the same technology been used in a different application?
- Has the same objective been achieved using a different method?
- Usefulness of the investment
- Does it offer clear customer advantages?
- Competitiveness of the investment
- Can it be easily emulated?