The Art and Science of Technology Transfer
Technology transfer is the process of moving inventions and innovations out of peoples'heads and into practical use. The nice thing about technology transfer is that it also can be used to make money by placing technology where it has market value.

The Art & Science of Technology Transfer provides practical advice for determining just what a technology can do, discovering applications for the technology, valuating it,finding customers, structuring and negotiating deals, and supporting implementation of those deals. Author Phyllis Speser combines hands-on advice with a clearly constructed, easily understood framework that enables readers to determine how to commercialize technology "faster, better, and cheaper."

Dr. Speser writes with a sense of humor and fun that makes this a highly readable book. The Art & Science of Technology Transfer contains four parts, The Game of Technology Transfer, Market Research, Strategy, and Doing Deals. It provides an innovative look at how to market technologythat shows high-technology companies, universities, federal labs, and independent inventors and entrepreneurs how to make money off their technology-based intellectualproperty assets. It explains licensing, jointventure, strategic alliance, acquisition/merger, cooperative R&D, and other strategies for monetizing intellectual assets and when and why to use each. Combining insights from game theory, legal analysis, cognitive philosophy, sociology, and socialpsychology with decades of hands-on experience, Phyllis Speser explains both the qualitative and quantitative sides of technology transfer. The Art & Science of Technology Transfer equips readers with a wealth of handy tools, including abundant tables and graphics; in-depth, real-life case studies that show how technology transfer works in a variety of settings; and appendices and checklists that address common problems ranging from how to search the Web to find market data and other information, to how to conduct competitive intelligence, and determine royalty rates and other clauses for term sheets.

There is a famous saying from the comedian Milton Berle, "If opportunity doesn't knock, build a door." This book teaches you how to build doors for technology and how to walk through them to commercial success.

1100993736
The Art and Science of Technology Transfer
Technology transfer is the process of moving inventions and innovations out of peoples'heads and into practical use. The nice thing about technology transfer is that it also can be used to make money by placing technology where it has market value.

The Art & Science of Technology Transfer provides practical advice for determining just what a technology can do, discovering applications for the technology, valuating it,finding customers, structuring and negotiating deals, and supporting implementation of those deals. Author Phyllis Speser combines hands-on advice with a clearly constructed, easily understood framework that enables readers to determine how to commercialize technology "faster, better, and cheaper."

Dr. Speser writes with a sense of humor and fun that makes this a highly readable book. The Art & Science of Technology Transfer contains four parts, The Game of Technology Transfer, Market Research, Strategy, and Doing Deals. It provides an innovative look at how to market technologythat shows high-technology companies, universities, federal labs, and independent inventors and entrepreneurs how to make money off their technology-based intellectualproperty assets. It explains licensing, jointventure, strategic alliance, acquisition/merger, cooperative R&D, and other strategies for monetizing intellectual assets and when and why to use each. Combining insights from game theory, legal analysis, cognitive philosophy, sociology, and socialpsychology with decades of hands-on experience, Phyllis Speser explains both the qualitative and quantitative sides of technology transfer. The Art & Science of Technology Transfer equips readers with a wealth of handy tools, including abundant tables and graphics; in-depth, real-life case studies that show how technology transfer works in a variety of settings; and appendices and checklists that address common problems ranging from how to search the Web to find market data and other information, to how to conduct competitive intelligence, and determine royalty rates and other clauses for term sheets.

There is a famous saying from the comedian Milton Berle, "If opportunity doesn't knock, build a door." This book teaches you how to build doors for technology and how to walk through them to commercial success.

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The Art and Science of Technology Transfer

The Art and Science of Technology Transfer

by Phyllis L. Speser
The Art and Science of Technology Transfer

The Art and Science of Technology Transfer

by Phyllis L. Speser

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Overview

Technology transfer is the process of moving inventions and innovations out of peoples'heads and into practical use. The nice thing about technology transfer is that it also can be used to make money by placing technology where it has market value.

The Art & Science of Technology Transfer provides practical advice for determining just what a technology can do, discovering applications for the technology, valuating it,finding customers, structuring and negotiating deals, and supporting implementation of those deals. Author Phyllis Speser combines hands-on advice with a clearly constructed, easily understood framework that enables readers to determine how to commercialize technology "faster, better, and cheaper."

Dr. Speser writes with a sense of humor and fun that makes this a highly readable book. The Art & Science of Technology Transfer contains four parts, The Game of Technology Transfer, Market Research, Strategy, and Doing Deals. It provides an innovative look at how to market technologythat shows high-technology companies, universities, federal labs, and independent inventors and entrepreneurs how to make money off their technology-based intellectualproperty assets. It explains licensing, jointventure, strategic alliance, acquisition/merger, cooperative R&D, and other strategies for monetizing intellectual assets and when and why to use each. Combining insights from game theory, legal analysis, cognitive philosophy, sociology, and socialpsychology with decades of hands-on experience, Phyllis Speser explains both the qualitative and quantitative sides of technology transfer. The Art & Science of Technology Transfer equips readers with a wealth of handy tools, including abundant tables and graphics; in-depth, real-life case studies that show how technology transfer works in a variety of settings; and appendices and checklists that address common problems ranging from how to search the Web to find market data and other information, to how to conduct competitive intelligence, and determine royalty rates and other clauses for term sheets.

There is a famous saying from the comedian Milton Berle, "If opportunity doesn't knock, build a door." This book teaches you how to build doors for technology and how to walk through them to commercial success.


Product Details

ISBN-13: 9781118428931
Publisher: Wiley
Publication date: 06/19/2012
Sold by: JOHN WILEY & SONS
Format: eBook
Pages: 416
File size: 10 MB

About the Author

PHYLLIS L. SPESER, JD, PHD, has been involved in technology transfer in a variety of roles: professor, inventor, policy maker, analyst, and broker/deal maker. She has twice served on the board of the TechnologyTransfer Society, was a gubernatorial appointee to the Washington Technology Center, and currently serves on committees of the Licensing Executives Society and the Association of University Technology Managers. She has taught at SUNY Buffalo, the American University (Washington DC), and the Universität Mannheim (Germany). A cofounder of Foresight Science & Technology,she is the developer of the Technology Niche Analysis and Virtual Deal Simulationmethods used by Foresight. Phyllis Speser is a recipient of R&D awards in artificial intelligence from the National Science Foundation, U.S. Department of Agriculture, U.S. Department of Education, and U.S. Office of Naval Research, for work which was successfully commercialized. She also has supported the commercialization of technologies for corporate, university, government, and nonprofit lab customers across the spectrum of science, engineering,and other industries globally.

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Table of Contents

Acknowledgmentsxiii
About the Authorxv
Prefacexvii
Introductionxxi
Part 1The Game of Technology Transfer
Chapter 1The Pieces3
Introduction3
The Problem with Models about Human Behavior4
Constructs6
Portraying Constructs7
Deals7
Technologies15
Practices23
Players33
Conclusion38
Chapter 2The Board39
Introduction39
Arenas39
Channels and Messages42
Supply Chains44
Users and Buyers48
Competitors55
Markets59
Stakeholders64
Conclusion67
Chapter 3Strategies69
Introduction69
Technology Niches70
Nash Equilibriums72
Making Technology Conducive for Nash Equilibriums74
Objectives85
Tactics96
Competition99
Windows of Opportunity or Being Just-in-Time100
Conclusion102
Part 2Market Research
Chapter 4Finding the Customer105
Introduction105
What We Have to Sell105
Functionality105
Characteristics114
Features117
Product, Process, or Service118
Finding the Application121
Finding the Customer133
The End User133
Buyers139
Conclusion144
Appendix AIntellectual Property146
Patents147
Trade Secrets149
Trademarks149
Copyrights and Masks150
IP Control150
Chapter 5Competing Technology155
Introduction155
Redundancy156
Relation to the Dominant Design159
Who Is Selling?163
Who Is Emerging?165
Time167
Conclusion171
Chapter 6Markets173
Introduction173
Market Barriers174
Market Forces180
Estimating Market Size189
Estimating Market Share197
Conclusion200
Part 3Strategy
Chapter 7Positioning the Technology for the End User203
Introduction203
Take-Off204
Umpf205
Goals209
Competitive Advantage214
Performance216
Ease of Use219
Price223
Time227
Window of Opportunity228
Value Propositions232
Conclusion235
Appendix ATechnikos237
Using Web Search to Develop and Test Hypotheses237
Interviewing to Test Hypotheses240
Appendix BPresenting Your Technology242
Pre-Nondisclosure242
Post-Nondisclosure (But Pre-Deal)242
Investor Presentations243
Post-Deal (Fully Executed Contract)243
Chapter 8Launch Tactics245
Introduction245
SWOTs246
1Pick the Positioning248
2Determine the Strengths and Weaknesses249
3Determine the Opportunities and Threats251
4Look at the Intersection254
Looking Forward: Launch Tactics and Finding the Target260
Channels and Messages262
Rhetoric and Messages265
Conclusion267
Part 4Doing Deals
Chapter 9Finding the Target271
Introduction271
Market Alignment272
Technology Alignment282
Alignment on Capabilities290
Attitude toward Risk291
Conclusion294
Chapter 10Valuing the Technology295
The Basics: Discounted Cash Flow296
Approaches to Valuation297
Not Stupid Methods297
Stupid Methods300
Non-Revenue Value and Its Valuation301
Revenues302
Expenses310
Quick Recap314
Risk315
Conclusion324
Appendix AWhy Real Options Are a Waste of Time326
Chapter 11Doing the Deal329
Planning for Negotiations332
Relationships333
Intellectual Asset Package341
Economics344
Planning the Game in Extensive Form349
Negotiating351
Setting the Stage351
Pulling It Off356
Conclusion360
Chapter 12The Twelve-Step Program363
Index369

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