Innovation Evaluation

Innovation should be evaluated through an established methodology or some form of benchmarking that has been tried and tested to measure success. However, there is no one way to determine if the innovation is novel to the industry that doesn’t pass the test of securing a Patent through the Intellectual Patent Office. Those patents established have their own challenges in their defensibility and claims against breaches and such forth viagra kje kupiti.

The Technology Readiness Level Methodology is more than sufficient to determine at what stage the innovation is at. If it’s good enough for NASA, it’s good enough for all of us. These benchmarks are also used in the majority of funding streams for evaluation.

TRLDescription
TRL 1basic principles observed
TRL 2technology concept formulated
TRL 3experimental proof of concept
TRL 4technology validated in lab
TRL 5technology validated in relevant environment (industrially relevant
environment in the case of key enabling technologies)
TRL 6technology demonstrated in relevant environment (industrially
relevant environment in the case of key enabling technologies)
TRL 7system prototype demonstration in operational environment
TRL 8system complete and qualified
TRL 9actual system proven in operational environment (competitive manufacturing
in the case of key enabling technologies; or in space)

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