Offshore Software Outsourcing

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Many enterprises sit on "jewels", without knowing it! That's no joke, but a fact. Increasing competition in the context of continuous globalization results in a shrinking of the core business of most enterprises. The smaller the core business areas of a company are defined, the more know-how, technologies, patents, applications and capabilities fall outside this narrow range of the core business! In most cases companies do not market these resources outside their core business. The result is that an enormuous economic value is lost! This unsatisfactory situation can easiliy be changed. The solution is called R&D Venture Management.

R&D Venture Management is the active marketing of the overall know-how of a company  -  including the know-how outside its core business -  to external customers in the outside. Because of the steadily declining half-value time of know-how, successful R&D Venture Management requires an adequate and rigorous time-monitoring and management of the actual technology trends and customer needs.

Innovative companies with high expenditures in R&D often decide to empower their R&D-departments to market technologies and know-how to external customers. In this new role of a technology supplier, R&D-departments are providers of contractual R&D-services and work on various venture projects which are exploited by means of licenses or spin-offs.

The time factor plays a decisive part in the R&D Venture Management

Transformation of the internal R&D-department into a Profit-Center business unit or a  splitting in an independent spin-off company are further steps in the context of R&D Venture Management.

Are you interested to introduce and implement
the R&D Venture Management function in your company?
For further informations please contact us.