Critical Milestone 3: The Industrial Prototype and Validation of Economic Viability

George Vekinis
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George Vekinis: National Centre for Scientific Research Demokritos

Chapter Chapter 15 in Mastering Technology Transfer: From Invention to Innovation, 2023, pp 181-191 from Springer

Abstract: Abstract Stages 7 and 8 are where the real industrialisation preparations and assessments take place, after the scaling-up operations and final technical optimisations have been completed. The first question to be answered is whether or not the scaled-up prototype (produced and tested in Stage 6) is able to provide reliable industrialisation and the cost parameters needed to be able to achieve Critical Milestone 3 and also for the design and building of the final industrial technology in Stage 9. Following this, the economic viability of the technology will finally be assessed with regard to the finally adjusted and optimised industrial prototype.

Date: 2023
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DOI: 10.1007/978-3-031-44369-5_15

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