Abstract
We present a web service to find prevailing royalty rates. The service is intended to facilitate technology transfer by suggesting payment scheme when prospective licensee looks through the results list on the webpage of the research information system or technology transfer office. New suggestions are generated according to the special step-by-step algorithm that exploits pre assigned licensor's information and the licensee's expectations Both licensor and licensee provide their expectations to the program mediator that processes it and returns only royalty rates as a result. So the parties do not share complete information – they exchange only information about royalty rates just the same way as in common negotiations. Step-by-step procedure guarantees the utility improvement for both parties only if the true preferences are revealed. This web service was tested with Share Point based information system.
Highlights
Scientific results contribute much in our understanding of the World we live in
We describe a service that could be integrated into institutional CRIS (Current Research Information System) for leveraging technology licensing
The proof of algorithm convergence to the Pareto-optimal royalty rates is presented by Kozyrev and Nevolin[4] and the prototype is implemented as a web service
Summary
Scientific results contribute much in our understanding of the World we live in. For some of them the practical value is obvious – one can point out a variety of useful applications and build a clear development scheme needed for the results to yield ready for market products and services. Rare researchers agree to such drastic changes in their career considering the above mentioned activity to be secondary They are likely to delegate non-core activity to the interested professionals solving the related scientific task. Some universities have information on ready to license technologies on their websites (see http://technologylicensing.research.ufl.edu as an example). The intent and various attempts to support technology licensing are obvious – information systems and web-sites disseminate ready to use results, licensing policy is announced by research organizations, the willingness to communicate with industry through the Internet is demonstrated. – could be in general, but the licensee could wish to change the price The service allows her to alter royalty rates in some range to find better payment scheme.
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