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What is Feasibility Study

Chapter 8
Handbook of Research on Strategic Innovation Management for Improved Competitive Advantage
The feasibility study is an analysis that objectively and rationally uncover the strengths and weaknesses of an existing business or project, the opportunities and threats present in the environment, the resources required to carry through, and ultimately the prospects for success. A feasibility study evaluates the project's potential for success.
Published in Chapter:

Innovation Management in Research and Development Projects: Key Performance Factors Oriented to Industrialization of Results and Market

Arturo Cordón-Pérez (University of Cantabria, Spain), Pedro Solana-González (University of Cantabria, Spain), Daniel Pérez-González (University of Cantabria, Spain), and Sara Trigueros-Preciado (University of Cantabria, Spain)
Copyright: © 2018 | Pages: 21
DOI: 10.4018/978-1-5225-3012-1.ch008

Abstract

This chapter studies the challenge of the management of the R&D and innovation (hereafter R&D+i) projects considering an empirical focus through an in-depth analysis of R&D+i project sample developed for industrial companies. This work evidences that, in order to innovation projects would be a success, it is necessary to ensure the participation of all stakeholders, from the conceptual and design phase of the project to the industrial-production and market phases and it must be taken into account the processes of watching and competitive intelligence, the continuous assessment of the viability of the projects, the industrialization of the results, and the innovation through the operating plans focused towards the market. Accordingly, the chapter presents the key performance factors to take into account for the improvement of R&D+i projects management and results.
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More Results
Chapter 22
Using Public Grants for Intrapreneurial Projects at a University: A Feasibility Study Example for the Medicinal and Aromatic Plants Research Center
A preliminary assessment conducted to determine the practicality and viability of a proposed project, venture, or course of action. It aims to evaluate various factors such as technical, economic, legal, operational, and scheduling aspects to determine if the project is feasible and worth pursuing.
Published in Chapter: Using Public Grants for Intrapreneurial Projects at a University: A Feasibility Study Example for the Medicinal and Aromatic Plants Research Center; From: Handbook of Research on Designing Sustainable Strategies to Develop Entrepreneurial Intention
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Chapter 15
Contracting Dynamics in Acquiring or Awarding Decisions for Projects and Tenders
Is undertaken to assess whether it is realistic to carry on certain project. This means that plenty of internal and external parameters will need to be considered including the financial situation, the reputation of the company, strengths, and weaknesses.
Published in Chapter: Contracting Dynamics in Acquiring or Awarding Decisions for Projects and Tenders; From: Innovative and Agile Contracting for Digital Transformation and Industry 4.0
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