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A Strategic Framework for Technology Valuation in Agriculture and Allied Sectors in India–Case Study of Chitosan


Affiliations
1 ICAR-Central Institute of Fisheries Technology, CIFT Junction, Matsyapuri, P.O Kochi – 682029, India
2 National Academy of Agricultural Research Management, Hyderabad – 500030, India
 

Standardized tools for valuation of agricultural technologies developed in National Agricultural Research System of India are featured in this study with a generalised framework. A valuation pyramid with several levels of qualitative and quantitative approaches was designed. The new framework was articulated by a case study on production of Chitin & Chitosan from crustacean waste, a technology of Central Institute of Fisheries Technology, Kochi. The value of the novel technology was calculated using various methods, customized for the specific domain. With few suppositions at every level of the process flow, the value worth of the technology was calculated using different methods. This system attempts to deliver a valuation practice which is suitable for most of the technologies coming up in the public agricultural research system.

Keywords

Indian Council of Agricultural Research, Agricultural Research System, Reproduction Cost Method, Replacement Cost Method, Competitive Advantage Valuation, IP Valuation Methods, Valuation Pyramid, Chitosan Technology, Net Present Values, Discounted Cash Flow, Surrogate Measures, Monte Carlo Method, OPT Black Scholes, Technology Life Cycle, IP Management.
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  • A Strategic Framework for Technology Valuation in Agriculture and Allied Sectors in India–Case Study of Chitosan

Abstract Views: 206  |  PDF Views: 120

Authors

Manoj P. Samuel
ICAR-Central Institute of Fisheries Technology, CIFT Junction, Matsyapuri, P.O Kochi – 682029, India
R. Kalpana Sastry
National Academy of Agricultural Research Management, Hyderabad – 500030, India
Sai Pavani
National Academy of Agricultural Research Management, Hyderabad – 500030, India

Abstract


Standardized tools for valuation of agricultural technologies developed in National Agricultural Research System of India are featured in this study with a generalised framework. A valuation pyramid with several levels of qualitative and quantitative approaches was designed. The new framework was articulated by a case study on production of Chitin & Chitosan from crustacean waste, a technology of Central Institute of Fisheries Technology, Kochi. The value of the novel technology was calculated using various methods, customized for the specific domain. With few suppositions at every level of the process flow, the value worth of the technology was calculated using different methods. This system attempts to deliver a valuation practice which is suitable for most of the technologies coming up in the public agricultural research system.

Keywords


Indian Council of Agricultural Research, Agricultural Research System, Reproduction Cost Method, Replacement Cost Method, Competitive Advantage Valuation, IP Valuation Methods, Valuation Pyramid, Chitosan Technology, Net Present Values, Discounted Cash Flow, Surrogate Measures, Monte Carlo Method, OPT Black Scholes, Technology Life Cycle, IP Management.

References