Evaluation: An evaluation will determine whether your particular technology or
intellectual property is suitable for licensing to others. The evaluation will help
you identify how your technology will be packaged and promoted, and the degree
of training, documentation and support necessary for successful transfer of the
technology to the licensee. What advantage or solution will your technology
provide and what is it worth to a licensee? What, if any, are the major risks in
preparing and transferring the technology?
Qualification: With a clear understanding of your technology as a licensed
“product” TTSI will lead an investigation of potential markets and competitors to
verify your licensed product concept and to formulate a licensing strategy aimed at
generating the desired license royalty streams.
Business Case: The costs and revenues projected during the evaluation and
qualification phases are continually used as input to a business case model, giving
you a financial analysis to support your decision on how to maximize the value of
your technology.
Recommendation Report: As a result of the above analysis, TTSI will provide a
report summarizing the costs, risks, and returns associated with your licensing
opportunity and a recommendation on whether to go to market with your
technology.
For further information on Business Development with TTSI, please contact us
via phone or email.