Idea investigation

The purpose of this stage is to prepare and develop new business, including by performing as realistic testing as possible. All barriers to success are investigated and overarching implementation plans are also developed during this stage.

Tools
The Innovation Department can offer the experience and methodology required to investigate ideas and implement pilot projects. We also have access to external and internal environments that can provide specialist expertise.

Roles
The Innovation Department will often play a key role in either managing the work or closely following up the party/parties who are responsible for idea investigation. External parties may also play a key role in this context.

Financing
The Innovation Department can provide funds to finance this work, possibly in combination with external financing. Financing may also be provided through direct funding from a specific business area at Statkraft.

Who decides?
The decision-making body at this stage in the process will depend on the type of investment in question, ownership of the future solution and other authorities. 

The article can also be read on the internet:
URL: http://www.statkraft.com/pub/innovation/the_innovation_process.idea_investigationasp