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Development of a technology valuation method for buyers in technology transfer

기술이전을 위한 기술수요자 중심의 가치평가 방법론 개발

  • Yun, DooSeob (Department of Industrial & Systems Engineering, Dongguk University) ;
  • Park, Inchae (Department of Industrial & Systems Engineering, Dongguk University) ;
  • Yoon, Byungun (Department of Industrial & Systems Engineering, Dongguk University)
  • 윤두섭 (동국대학교 산업시스템공학과) ;
  • 박인채 (동국대학교 산업시스템공학과) ;
  • 윤병운 (동국대학교 산업시스템공학과)
  • Received : 2016.08.03
  • Accepted : 2016.11.10
  • Published : 2016.11.30

Abstract

Technology valuation is necessary for determining the feasibility of technology commercialization. However, existing methods focus only on technology evaluation, with limitation in sufficiently reflecting buyer viewpoint. In addition, it causes a gap between estimated value and market value. Therefore, this research suggests a new technology valuation method which focuses on the perspectives of buyers. Technology factors, buyer factors and market factors are first determined and their relationships are analyzed. Second, based on the relationships, profit projections are calculated using the discount cash flow method. Finally, profit projections for each year are discounted. The proposed method was applied using the ubiquitous home network system and audio service and illumination control method and results compared with the value of a technology valuation guide distributed by the Ministry of Trade, Industry and Energy. The technology valuation approach used in this research is quantitative and systematic and can be used as a decision making support tool in technology transfer, reflecting various perspectives of stakeholders.

Keywords

Technology transfer;Buyer;Discounted cash flow;Technology valuation

Acknowledgement

Supported by : 한국연구재단

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