TOP EMC

Tejarat Afarinan Paydar Tabriz Co. (Pvt.J.S.)

professional intervention

As an intangible asset, it is hard to introduce the entity, measure the properties, evaluate the originality, and price the value. Issues like fraudulence, intellectual property negation, and fake ownership claims are frequent and highly probable in the lack of no professional validation of the provider’s claim. Patent issues, the origin of the provider/seller, as well as technical functionality verification and validation of the claimed know how or technology could be cited among the most issues to be considered. After all, the issue of information security and intellectual property protection should be considered from legal point of view.

From theoretical view, technology transfer seems to be a straightforward process, but in practice it needs some more professional intervention. As an intangible asset, it is hard to introduce the entity, measure the properties, evaluate the originality, and price the value. Issues like fraudulence, intellectual property negation, and fake ownership claims are frequent and highly probable in the lack of no professional validation of the provider’s claim. Patent issues, the origin of the provider/seller, as well as technical functionality verification and validation of the claimed know how or technology could be cited among the most issues to be considered. After all, the issue of information security and intellectual property protection should be considered from legal point of view.

Evaluation in Transfer of Technology (TOT)

It should be considered that in TOT process, some intellectual entity is being disseminated. As the entity is not tangible, it is often done without the transaction approval document e.g. bill of lading, road bill, statement, certificate of origin etc. Furthermore, it should be noted that new technologies are generally expensive. Hence, evaluation of the parties is of crucial importance and that is why the seller should assess the risk of purchaser’s “intent and financial capacity” in meeting their commitments. On the other hand, the purchaser should be assured of the originality, ownership of the seller or their authority to sell, and lack of opposition party. All these processes require a completely professional evaluation and provisioning of legal mechanisms for correct and full transfer of technology. One of our professional services is to evaluate the sellers and purchasers of technology.

Market Promotion

One of the most important challenges in technology transactions, is to merely relying on the virtual world. Nevertheless, a major part of technology market promotion is made by real mechanisms. Some of these mechanisms are as follows:

  • Hi-tech Stocks
  • Innovation Hubs
  • IGO’s
  • Technology Especial Zones
We have effective and ongoing interaction with a number of these organizations and are ready to expand our partners through linking the relevant organizations to this network.