Form EV 1

Evaluation format for scouted innovations

Sr.
No. Criteria Weightage 1 2 3 4 5
Very
1 Technical Novelty & Benchmark 10 Poor Fair Good Good Excellent
A
Very
2 1
Cost effectiveness 10 Poor Fair Good Good
B
Very
3 Market potential 10 Poor Fair Good Good Excellent
C
Very
4 Social Impact 10 Poor Fair Good Good Excellent
D
Very
5 Prior Art Search Report 7 Poor Fair Good Good Excellent
E
Very
6 Scalability 7 Poor Fair Good Good Excellent
F
Regulatory Issues 7 Very High High Medium Low Very Low
7
G
Innovation
Innovation is in the As a At a Working
8 is at the concept crude developed prototype
Prototype available 7 idea level stage model stage available
H
Internal Capability 7 Very Low Low Medium High Very High
9
I
A, B, C, D, E, F, G, H, I can be either of 1, 2, 3, 4 or 5.
The total score = 10xA + 10xB + 10.xC + 10.xD + 7.xE + 7.xF + 7.xG + 7.xH + 7.xI
75
Minimum passing criteria has not been set as in the beginning standardization across GIANs will be difficult.