Title :
Simple numeric model to compute technology-contribution factor for the technology valuation
Author :
Cho, Daemyeong ; Choi, Gyunghyun
Author_Institution :
Dept. of Ind. Eng., Hanyang Univ., Seoul, South Korea
fDate :
July 31 2011-Aug. 4 2011
Abstract :
Understanding the value of technology is very important and necessary to manage technology based business effectively not only in the view of valuation of assets but also R&D strategy. The value of technology can be expressed as a value of the technology-contribution portion of the total net business profit which is gained by the technology commercialization. In this paper, we show simple numeric model to compute the technology-contribution factor for the valuation on the basis of an empirical analysis.
Keywords :
profitability; research and development; technology management; R&D strategy; compute technology-contribution factor; numeric model; technology commercialization; technology management; technology valuation; technology-contribution portion; total net business profit; Computational modeling; Cost accounting; Economics; Industries; Patents;
Conference_Titel :
Technology Management in the Energy Smart World (PICMET), 2011 Proceedings of PICMET '11:
Conference_Location :
Portland, OR
Print_ISBN :
978-1-4577-1552-5
Electronic_ISBN :
978-1-890843-24-3