Factors to be Considered for Technology Assessment and Valuation

Abstract

Technology assessment depends on number of factors such as (a) technology related factors -- type of technology, state of development, Quality of end products, environmental concern (b)Intellectual Property related factors patent (India, other countries - copy right, Design registration , confidentiality status of scientists (c)Technology completeness Assessment- It also depends on type application, status of competing technology, track record of scientist who has developed it, cost of technology project development cost and the type of funding. Whereas valuation of technology is based on determining the actual cost incurred in undertaking the R &D, cost of maintenance patents . At the end licensing process has been explained through a case study.