Business case on Innovation And commercialization

Part 1.Investigate how innovation is sourced and supported within different types of organizations.
i)Discuss the ways in
which different
organizations
source and
foster innovation, using specific examples.
ii) Analyse different sources of innovation, and how organisations can foster and develop an environment and culture of innovation.
iii)Critically analyses how
innovation is developed,
embedded and measured.

Part 2. Explore the processing of different types of innovation within organisations.
i) Differentiate between different types of innovation and how they are processed within organizations.
ii) Analyze how different types of innovation are
successfully processed
within different
organization settings.

Part 3 Apply the process required to commercialise innovation within an organisation
i) Produce a detailed business case for innovation for an organization, including
risks, benefits and ways to access funding.
ii) Produce an evidence based business case
analysis for innovation that emphasizes the
business value for potential investment.
iii)Produce a
commercially driven business case for innovation, including an action plan for development and
methods for its successful protection in the context
of the wider business environment.

04 Evaluate the range of methods for protecting innovation within organisations.

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