"viable innovation" is a correct and usable phrase in written English.
You can use it to refer to the development of something new that is practical and able to be implemented or put into use. For example: "The company is focusing on developing viable innovations that can be implemented immediately."
Firms tend to do R&D up to the point at which the risk-adjusted expected rate of return equates to that on other expenditure; and that return depends on the ability to turn R&D into commercially viable innovation.
In this PowerPoint, based on the HBR article, innovation experts Anthony, Duncan, and Siren walk through a process for achieving a more reasonable middle ground: a Minimum Viable Innovation System.
And for me, the most important word in that phrase is viable: innovation must result in the creation of new economic value - for our customer but also for our enterprise.
Van der Kleij will advise Kickstart on content-rich initiatives to deliver market viable innovations, help startups become resilient whilst delivering measurable benefit to business and society with their products and solutions.
If medical science is defined purely in terms of commercially viable innovations tested in randomised trials, there will be less funding available to be spent (and less political will to spend it) on preventive non-drug interventions and public health measures such as food labelling or the walkability of the built environment.
Europe's loss of economic competitiveness in the global market due to structural problems in its economy, a R & D model incapable of transforming knowledge into viable technological innovation, and an acutely ageing population that will place its welfare system in jeopardy [8, 13].
The next leg is the middling position, when organizations make an innovation viable or workable.
Currently, Dr. Siller collaborates with his colleagues at Marcus Autism Center to develop, evaluate, and implement community-viable educational innovations for children, adolescents, and young adults with autism in Georgia and beyond.
I believe AI is the only viable path for innovation, new business models and digital disruption in companies from the industrial era.
This research focuses on developing a knowledge centric methodology and system to analyze and assess viable medical technology innovations and trends considering both patents and clinical reports.
"Competition is good, so long as innovation remains viable for new entrants," Varney said.
