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This is all about how GBS Labs creates products/services and then delivers them to the market to generate revenues and profit. These processes are some core ways to innovate the business model – transform capabilities and resources, transform distribution and marketing including customer experiences and the revenue model.
There are currently no viable options that adequately address the demands of people with multiple sclerosis (PMM). Pre-Commercial Procurement (PCP) is a viable technique to public procurement of R&D services when there are no near-to-market solutions.
The PCP can weigh the benefits and drawbacks of competing ideas and de-risk the most promising innovations step by step through solution design, prototyping, development, and first product testing.
This chart above shows the Technology Readiness Levels (TRL), the Pre-Commercial Procurement (PCP) and Public Procurement of Innovative solutions (PPI) stages.
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