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Innovation and Ontologies

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116 Roadmap for the Fuzzy Front End<br />

2.5.2.3.1 Discussion of Business Case<br />

A business case is used to evaluate the economic attractiveness of the innovative concept.<br />

Elaboration of business cases seem to be a somewhat stale method, but the study of (Hauschildt<br />

& Walther, 2003) has shown that a scrutinized business plan is a powerful tool to support the<br />

success of concepts. Hence, a first rough business case should be provided for assessment at the<br />

<strong>Innovation</strong> Gate (cf. de Brentani, 2001).<br />

Development of Business Case<br />

since ideation at innovation gate after innovation gate<br />

executive summary ��� ��� ���<br />

product/ service/ bundle ��� � �<br />

development team � � ���<br />

market <strong>and</strong> competition �� �� ��<br />

marketing <strong>and</strong> sales � � ��<br />

organization � � ��<br />

planning � �� ���<br />

chances & risks � �� ���<br />

technology � �� ���<br />

finances <strong>and</strong> financing � � ���<br />

legend: � focus of stage, � not yet/ no more treated<br />

table 36 Synopsis of continuous development of a business case (based on Arndt, 2006)<br />

Such a business case or commercialization plan will be continuously developed during further<br />

development of the concept. At the <strong>Innovation</strong> Gate, it minimally includes (estimations of) the<br />

following aspects (cf. table 36 for a synopsis <strong>and</strong> table 37 for details) which have to be assessed<br />

by the Jury of Ideas.

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