The Triple Chasm Model
A holistic & systematic data-driven toolkit for growth

Innovation is widely lauded as the key to economic growth, but interventions backed by both public and private sector funding typically result in low impact and poor Return-On-Investment.

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Most existing approaches typically look at the growth challenge from a narrow perspective: for example, approaches based on entrepreneurship, technology management and returns for investors are all useful but each only provide a partial view of a successful commercialisation journey.

The Triple Chasm Model is built on insights and data gathered from a global research programme led by Dr Uday Phadke. The model provides a holistic data-driven approach that is based on profiling the following:

·    The commercialisation maturity of the product or service: Commercialisation Readiness Level (CRL)

·    The key considerations at each stage along the commercialisation journey: the 12 meso-economic Vectors

·    Understanding the gap in these factors between the present and the next strategic goal

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Chasms
Chasms

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vectors 5

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radar chart 1 aug 11
radar chart 1 aug 11

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Chasms
Chasms

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