However, developing an understanding of a technology's commercial value is often an arduous task. Significant research into applications and markets may be required. Complicating the process are the constantly changing markets and competitive environments. Windows of opportunity to commercialize new technology may close. In the final analysis, your laboratory's decisions to patent technology rely on good judgement.
Good judgement comes from experience and having good information.
Good information needs to be acquired at appropriate cost. At TechLink, we are experienced at quickly assessing early stage technologies for potential commercial value. This evaluation includes not only the identification of technology applications and sizes of potential markets, but an examination of marketplace dynamics, competitors, and competing technologies in the global market context. Once a technology becomes available for license, the value of licensing hinges on three important factors. In some cases, technology licenses are worth millions of dollars to the licensors.