Does the RCP fund product and technology development by an established industry?
As long as there is an R&D component to it. However, consider the Commercialization Framework – Imagining, Incubating, Demonstrating phases. For example, if you are already selling a product and all you are doing is changing the color, that is not what we want. We want projects where there is still research and discovery going on, bringing it up to the point of market entry. The intent is to drive the product into the marketplace, but there has to be some research content to it.
Related Questions
- What shall be the possible ways of commercialization if the technology is not in final product form but under development?
- Is the cost advantage one gets by using open source technology for project/product development substantial?
- Does the RCP fund product and technology development by an established industry?
