Goldsmith Technology Commercialization Model
Technical Market | Market | Business | |
---|---|---|---|
CONCEPT PHASE | |||
Stage 1 Investigation |
Step 1 Technology Analysis |
Step 2 Market Needs Assessment |
Step 3 Venture Assessment |
DEVELOPMENT PHASE | |||
Stage 2 Feasibility |
Step 4 Technical Feasibility |
Step 5 Market Study |
Step 6 Economic Feasibility |
Stage 3 Development |
Step 7 Engineering Prototype |
Step 8 Strategic Market Plan |
Step 9 Strategic Business Plan |
Stage 4 Introduction |
Step 10 Business Start-Up |
Step 11 Pre-Production Prototype |
Step 12 Market Validation |
GROWTH PHASE | |||
Stage 5 Growth |
Step 13 Production |
Step 14 Sales and Distribution |
Step 15 Business Growth |
Stage 6 Maturity |
Step 16 Production Support |
Step 17 Market Diversification |
Step 18 Business Maturity |