Can you explain how the three scores (Critical Value Score, Aggregate Value Score, and Estimate of Success Score) are derived?
The Critical Value Score pertains to the following criteria: legality, safety, functional feasibility, production feasibility, and investment costs. These are the most crucial of all the criteria and your innovation should score very high which would be in the 80 percent plus range. The Aggregate Value Score is the overall total of all 33 criteria as assessed by the evaluators. It is the second step in the scoring process and should be in the 60 percent plus range. The Estimate of Success score is the degree of success your innovation should achieve on a scale of 1 to 100. This score should fall into the 60 percent plus range. If your evaluation scores high in all areas, then your idea has very good potential for being successful in the marketplace. If your scores are not sufficiently high, then serious consideration should be given to any further investment toward the development of your idea.
