Valorisation of Technology: transactions in the Marketplace

Valorisation of technology

The Valorisation of technology is understood, in terms of technology transfer, as the process of value-creation out of knowledge, by making this knowledge suitable and available for economic or societal utilization and to translate this into high-potential products, services, processes and industrial activity. Valorisation is not just about ‘money’.

In PhotonTransfer.com Technology and IP marketplace, several transactions among players are possible. PhotonTransfer.com defines four types of transactions that will be endeavored by the marketplace.

I. A Valorisation type of transaction is the process where a technology holder will get objective business or industrial data that will bring the technology closer to the end user market or will increase its potential value for a later exchange transaction.

II. An Exchange transaction is defined as the process of the transfer of intellectual property rights by itself but also the process of getting to the market with a technology. Typical transfer process are buying, selling, licensing or cross licensing of Intellectual Property Rights. Trade secrets and know-how will be more suitable transferred by a process of partnership.

III. A Partner transaction type is the general process where a technology holder and a technology seeker will establish any kind of relationship that will accelerate the path of the technology to the end-user market.

IV. Finally in PhotonTransfer.com there will be a possibility of finding providers, suppliers and buying and selling photonics related products.  We define this transaction of the End-User market (see post about Technology Transfer) as Commercial transactions.

Example of Transactions:

Partner:

• Joint Research (Synergy and international partnership, EU H2020 funding application)
• Technological expertise exchange (Avoid duplication research, contact between researchers)
• International expansion
• Person matching for entrepreneurship: Scientist (inventor) + Businessman = Innovators: CTO + CEO (minimum condition for spinoff success)
• Private Public Partner
• TRL development plan (Technological Side..)
• Know-how and trade secret transfer

Exchange:

• Sell and Buying of IP Rights: IP Assignments (Litigation Use, IP Protection, IP Strategy, Revenue Model, Transfer of under used IP assets,…)
• Licensing (Commercialization, geographical expansion, …)
• Cross Licensing  (Avoid Litigation,…)

Valorization:

• Business orientation to a scientist or to a scientific topic research
  • Match R&D topic and Customer Value Proposition

• Technology watch or survey
• Business enhanced services
  • Business plan
  • Marketing Plan
  • Marketing Survey
  • SWOT Analysis
  • Porter Forces: Competitors, Buyers, New Entrants, Providers, Substitutors
  • Strategy

• IP Protection
  • Business side for proper redaction of Patent Claims

• TRL (Technology Readiness Level) development plan
  • Business and Industrial side of TRL 1-3 to TRL 4-7
  • Technical and Economical Parameters to increase TRL

Commercial

• Possible client or provider for photonics related products

Summary of Transactions in the marketplace

Example of transactions in the marketplace