Technology Commercialization

Goldsmith Technology Commercialization Model©

  TECHNICAL 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 Feasiblity
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