Assessment and valuation of technologies, development and application of Valorativo software

• Autor(a) principal: de Freitas, Robson Almeida Borges
• Data de Publicação: 2023
• Outros Autores: Oliveira Junior, Antônio Martins de
• Tipo de documento: Artigo
• Idioma: eng
• Título da fonte: Revista de Administração e Inovação
• Texto Completo: https://www.revistas.usp.br/rai/article/view/220610
• topic: Patent valuation; Patent assessment; Public research institutions; Valorativo; Software

Purpose – Although Public Research Institutions (PRIs) are large technology producers, they lack automatedinformation tools that follow technical and scientific criteria for assessing and valuing patents. The assessmentand valuation processes are stages of technology transfer (TT) that make it possible to obtain productivearrangements and guide the efforts of those involved in the development, maintenance and negotiation.This study aims to analyze the hybrid model of assessment and valuation of technologies by Soares (2018),applying the ‘Valorativo’ software. In addition to patent value and indicator scores, the methods allow anunderstanding of the technology portfolio and its management.Design/methodology/approach – This research is quali-quantitative, following an approach of appliednature and descriptive objectives. The research has bibliographical, documental and case study features basedon the software development methodologies described in the study and the theoretical framework.Findings – The Valorativo software assisted in the analysis of ten patents on PRIs. With the data collectionand patent analysis, PAT1 scored highest among engineering patents, PAT3 scored highest amongpharmaceutical patents and PAT10 scored highest among biotechnology patents. Five of the assessed patentsresulted in a surplus of net present value (NPV), final net present value (NPVF) and royalties; revenueexpectations outpaced investments.Practical implications – The authors based the developed software on Soares’s (2018) methodology, withadditional calculations and graphs. The Web software and the spreadsheet with Visual Basic for Application(VBA) were developed to deal with the patents assessment and valuation, helping in the analysis of their LegalValue, Technological Value and Market Conditions in the assessment process, and the Discounted Cash Flowand NPV in the valuation process.Originality/value – The software helps with patent analysis and can generate indicators for traders,technology holders and researchers. Thus, it was necessary to understand and develop a theoretical-appliedframework to outline and replicate the methodology clearly and easily.