The Innovation Center applies the right management practice to the
types of ideas depending on their mode of innovation category. With
this vision clear in mind, the Center establishes the following two
routs for managing the types of innovation projects that are
categorized as technological innovations.
Route 1:
The Direct Patenting
Route for incremental innovation types of projects.
Route 2: The Proof-of Concept
Route for break-through innovation type of projects.
On the other hand, the other types of innovation that are
categorized as entrepreneurial business concepts could follow
Routes 3 and 4.
Route 3 gives the chance for the
entrepreneurs who don’t have ready business plans for implementing
their ideas to get assistance from the Business Development & Market
Intelligence Unit in preparing their business plans and in
establishing their initial feasibility studies and market surveys.
Route 4 is designed for the entrepreneurs who have proved products
and ready-to-launch business projects.
