Methodology for Rapid Technology Valuation with Restricted Incomes

Luis Roberto Vega-González, Gustavo Rivera Velasco

Abstract


The aim of this study is to present a rapid methodology to valuate the technology developed at R&D university institutions. The methodology is a variation of the classical Income method and is based on the calculation of total permutations obtained from the data of an array of highly punished yearly incomes expected for previously defined multi-scenarios and the statistical averaging of such permutations. The method is applied to valuate an energy saving technology device, in order to illustrate its process of implementation. This methodology results in a practical and useful method for obtaining a first monetary value for the technology which allows the realization of vital and rapid decision making in a global economic dynamic in which the speed and reliability in decision making is vital for the competitiveness. Final results of the presented case shown that the presented methodology can be adapted to be used to obtain a first monetary value for almost any field new technology products with promising commercial expectations, which could have many different application opportunities. It can be used for the R&D developers in order to obtain the value of the technologies under development along the different prototype versions available. Generally speaking, valuation techniques are time consuming and it is difficult to have some results that permits to get into first negotiations. The methodology presented can help to solve this problem allowing extra time to obtain additional data like final product production costs to improve the accuracy of the estimations.


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DOI: https://doi.org/10.5296/ber.v6i1.8717

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Copyright (c) 2015 Luis Roberto Vega-González, Gustavo Rivera Velasco

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Business and Economic Research  ISSN 2162-4860

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