Technology screening is the first half of a two-part structured process that helps prioritize the innovations in a technology portfolio to ensure effective use of resources for commercialization marketing and deal making. Screening involves rapid research about an individual technology. The process yields a preliminary evaluation of a technology’s commercial/market potential, identifying those technologies that show promise and should be studied via an in-depth assessment (Part 2). In addition, technology screening indicates where it makes sense to spend funds on filing for a patent. Because screening is a preliminary evaluation of a technology, it is an expedited and economical process that can be completed in 2 hours when performed by seasoned professionals with appropriate subject matter background, judgment, and experience.
This article presents an overview of the steps for screening a technology and preparing a report to aid decision makers.
July 05, 2011
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