A Study on Valuation of Technology useful as Industrial Value

Abstract

This paper presents an idea which involves concepts and ways of valuation of technology; useful as industrial value. Traditionally, valuation of technology has been thought and decided by the engineers who recognize it only from their expertise. This often causes a serious crisis of financial balance in companies, because of the gap between technical and commercial values. We, engineers, should be required to do valuable R&D with considering another importance. This paper says the importance for engineers to have knowledge on technology management.