What is Technology Assessment?

Technology Assessment includes a detailed review and analysis of the technology development proposal documentation and literature, verification of the representations made by the proponent, and a reviewer's conference. There must be a review of the technology plan, an evaluation of the depth of proponent's in-house expertise, and a search and analysis of state of the art in the proponent's area of technology. Additionally there should be a search and analysis of related and competitive technologies; a detailed analysis of the technology and development plans, schedules, budget, and its management capabilities to respond to the opportunity; and structured interviews with key personnel. Conclusions and recommendations must be formulated, and full details of methodology, sources, and references must be documented.

Technology Due Diligence is analogous to classical due diligence but focuses on opportunities that are primarily technology-based, technology-driven, or both.  Technology due diligence requires an intimate knowledge of the state of the art in technology, as well as of technology trends, R&D management, and management technology.  It requires a high degree of research and scientific sophistication, teamed with a well-developed analytical methodology to provide accurate evaluations of the relative risks and potential rewards of acquisition of, merger with, or investment in technology-based developments.  Technology due diligence requires extensive data-gathering and information-extraction capabilities, along with the ability to translate technical details into terms that make relative potential risks and rewards meaningful to those with fiduciary responsibilities.

The articles, insights, and suggested reading in this section of our web site are intended to help the reader gain a better understanding of technology assessment and due diligence and of how the unique capabilities and experience of Beta-Rubicon allow us to provide these services.