Technology Commercialization

Technology Commercialization involves many steps from the time at which an idea is conceived through to the establishment and operation of a profitable company. The steps required to see the successful commercialization of a technology are unique to every business and may include any number of the following:

  • development and testing of prototypes
  • conduction of experiments
  • development of a strategic plan for intellectual property protection
  • preparation and filing of patent, trademark and industrial design applications
  • writing of business plans
  • obtainment of financing, partners and investors
  • establishiment of business entities
  • negotiation or development of strategic alliances
  • negotiation and drafting of licensing agreements
  • development and execution of marketing plans
  • development and execution of production plans

At Hicks & Associates, we assist our clients through all stages of the technology commercialization cycle including:

  • the strategic development and management of IP portfolios
  • the development and negotiation of business contracts including licensing agreements