Abstract
AbstractA three‐phased approach for governmental as well as internal company centers is suggested to stepwise improve and evaluate proposed concepts for innovations.The objective of this concept was to have a transparent, structured, and reproducible process to select the right innovative project in terms of political, economical, and technical objectives for funding by e.g. a governmental agency. A stepwise process and related methods, that cover technical as well as economical aspects (and related sensitivities) to come to a tentative decision which project to fund are proposed.Before discussing critical aspects of the proposed process, aerospace‐related examples will be presented to show how the process has been applied, and how different concepts were evaluated.
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