Technology Evaluation
Government agencies and private companies look to the NTTC for help in determining the technical competitiveness and commercial viability of their innovations. The NTTC has developed a multi-level assessment menu that is tailored to meet an individual client’s needs, which can vary from a one-page evaluation to a comprehensive review – or anything in between. Any or all of the following may be included:
- Description of technology
- Technological stage of development (Technology Readiness Level (TRL))
- Determination of application area/s
- Categorization by application area by using Industrial Classification or Intellectual Property Classification Taxonomies
- Identification of similar research and development activities
- Identification of similar intellectual property
- Identification of similar products
- Determination of intellectual property advantages and barriers by comparison
- Determination of the technology's competitive advantages
- Determination of ability of innovators to support commercialization efforts
- Identification of subject matter experts
- Interviews
- Recommendations based on findings

