Abstract

For organizations to have the ability to make money out of technology requires an essential process known as technology wealth creation (TWC). TWC is about more than sourcing venture capital and cash injections for the latest research. It's about having the advice and consultancy that helps decide how to optimize the value of intellectual property (IP). To generate income successfully from core IP, organizations need to ensure that their overall business and operational strategies are closely aligned. This is where TWC will prove useful.