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TEchNOLOGy TRaNSFER MODEL - Javna agencija

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6<br />

KNOWLEDGE TRANSFER<br />

The second phase called Pilot Study goes more into detail and tries to figure out which of the ideas generated in phase 1 could be<br />

useful. According to that the results could be concepts, feasibility studies or early prototypes.<br />

Figure 15: Phase 2 - Pilot Study<br />

The consolidation phase leads to funded research projects or contract research in order to develop extended and validated prototypes.<br />

With regard to the market introduction at the end, calculation of profitability as well as market research must also be carried<br />

out.<br />

Figure 16: Phase 3 - Consolidation<br />

Finally in the last execution phase the product should be completed, therefore the result of this phase is one or more innovative,<br />

market-ready products.<br />

Figure 17: Phase 4 - Execution<br />

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