Technology is a key part of organisational knowledge and gives its owners their distinctive capabilities and competitive advantages. However, to best use these assets technology often needs to be transferred and shared with others through a form of technology collaboration. This raises the important question of how technology should be valued when it is being transferred. Technology valuation has become a critical issue in most transfer transactions. Transfer arrangements and terms of payment have a significant effect on the generation and sharing of joint benefits in commercial, technical and strategic aspects. In this paper the concept of “owner's value” is explored by highlighting its structure and components and assessing the importance of factors affecting value. The influence on technology valuation of the transfer arrangement, the associated terms of payment and the interaction between the shared benefits, cost and risks are discussed.
|Publication status||Unpublished - 1999|
|Event||Annual Conference of European Operations Management Association - Venice, Italy|
Duration: 7 Jun 1999 → 8 Jun 1999
|Conference||Annual Conference of European Operations Management Association|
|Abbreviated title||EurOMA 1999|
|Period||7/06/99 → 8/06/99|
Zhao, H., Bennett, D., & Vaidya, K. (1999). Technology transfer through international manufacturing networks: valuing technology from an owner’s perspective. Paper presented at Annual Conference of European Operations Management Association, Venice, Italy.