STI Policy and Management Journal
Vol 5, No 1 (2020): STI Policy and Management

Analysis of IP Valuation on Technology Food Processing as Strategy Business in New Product Development

Syukri Yusuf Nasution (Indonesian Institute of Sciences)
Yovita Isnasari (Indonesian Institute of Sciences)



Article Info

Publish Date
15 Jul 2020

Abstract

Valuation IP of IDS000001555 analysed the economic impact and to measure the financial benefits of the asset if implemented in a business. This patent is about technology that used to produce of Mangosteen peel nano-tea. This technology is to product nano particle with ball-mill method. This research used qualitative and quantitative methods with description analysis. By using the qualitative method, this research focused on scoring of the IP in a several aspects, while the quantitative method conducted by income approach used the Discounted Cash Flow method. The qualitative method showed the technology  IDS000001555 had a high opportunity and low risk value. This patent also has the best marketing strategy by a licensing agreement. However, the quantitative method showed the technology IDS000001555 had 6.1% for royalty rate with value of NPV (Net Present Value) Rp 605,227,434. It was estimated that this patent will generate the turnover of about Rp 617,000,000 for 10 years of useful economic life.Keywords: valuation IP, economic impact, qualitative and quantitative methods, royalty rate, turnover

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Journal Info

Abbrev

stipm

Publisher

Subject

Description

The STI (Science, Technology and Innovation) Policy and Management is a scientific journal discussing theoretical and practical issues in science and technology policy for economic competitiveness, research and development management and innovation management. The journal welcomes manuscripts from ...