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Defining strategies to improve success of technology transfer efforts: An integrated tool for risk assessment

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  • Cedano, Karla G.
  • Hernández-Granados, Araceli

Abstract

Science Based Innovation relies on effective Technology Transfer efforts. Defining strategies that increase high-technology projects success in the market is a necessary and challenging activity. This comprises elements like market uncertainty and the need for timely decision making within an environment of limited resources (economic, time, human, among others). In this context, Technology Intelligence (TI) generates useful knowledge to reduce risk and improve decision making. This work provides a tool to identify and qualitatively measure different risks; highlighted by previous TI activities. Such risks, their level and mitigation alternatives are also discussed. Furthermore, we create a simple, yet useful tool to calculate a risk score for technology projects at early stages of development. This tool was developed in a Technology Transfer Office to foster the development of entrepreneurial ventures.

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  • Cedano, Karla G. & Hernández-Granados, Araceli, 2021. "Defining strategies to improve success of technology transfer efforts: An integrated tool for risk assessment," Technology in Society, Elsevier, vol. 64(C).
    • Handle: RePEc:eee:teinso:v:64:y:2021:i:c:s0160791x20313208
    DOI: 10.1016/j.techsoc.2020.101517
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    References listed on IDEAS

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    1. Sonmezturk Bolatan, Gulin Idil & Giadedi, Abdulhakim & Daim, Tugrul, 2022. "Innovation leadership through technology transfer: Case of Turkish industry," Technology in Society, Elsevier, vol. 68(C).
    2. Pin, Lantos A. & Pennink, Bartjan J.W. & Balsters, Herman & Sianipar, Corinthias P.M., 2021. "Technological appropriateness of biomass production in rural settings: Addressing water hyacinths (E. crassipes) problem in Lake Tondano, Indonesia," Technology in Society, Elsevier, vol. 66(C).

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