Innovation and Entrepreneurship in Interactive Entertainment

Today I completed the paper format of my feasibility analysis (online computer version never did work). My answers produced some very interesting pictures, one looked like a bunnies head. At the end of all the mathematics I received a Commercial Feasibility Rating of 76.5.

What does this mean?

According to Australian Government IDEAS – Traffic light report (2011), an innovation Feasibility Rating of 76.5 means.

“Innovation Feasibility Rating = 60 to 79 (yellow light)

If your idea scored an innovation feasibility rating between 60 and 79, then its potential for acceptance in its current form is uncertain. It may nevertheless

warrant some degree of cautious consideration. Innovation feasibility ratings in this range mean you should not invest heavily in a business case at this stage. Rather, development should be limited to those activities that are not costly and you should focus on resolving some of the concerns that brought the rating down.

An innovation feasibility rating in the upper half of this range (70-79) generally represents enough potential to warrant further limited and cautious development.”

Want to know more visite:

http://innovation.govspace.gov.au/ideas-traffic-light-report/