InnoVector Tech provides market research and analysis, including estimates of market value, identification of key players, and identification of key market drivers. The market research is tailored to the client's specific needs. Previous market research projects that have been completed have served as integral components of: business plans, technology evaluations for companies and universities, and business strategy development for identification of key markets for expansion of business. The market research includes primary data collection from experts in relevant technology fields and evaluation of secondary resources.

We have assisted companies and universities with commercialization efforts. From screening of technologies to technology assessment to technology marketing, licensing, and negotiation, InnoVector Tech has been an essential partner with our clients throughout the commercialization process. Our efforts have resulted in the out-licensing of numerous technologies to large and small corporations, as well as licensing to start-ups.

Looking at technology through "market-colored glasses" is what InnoVector Tech excels at. Understanding the market value of a technology is key when managing intellectual property. Scientific merit is important, but only one aspect to consider. We ask the important questions: Is it cheaper? Is it faster? Is it better? Would someone be willing to pay for this service or product?

A successful out-licensing strategy can and should be an integral part of any company’s business strategy. Out-licensing technology to non-competing markets can be a source of additional revenue generation without significant investment of resources. InnoVector Tech has assisted companies throughout the out-licensing process, from identification of technologies for licensing to determination of target markets to development/execution of a marketing plan and licensing.

InnoVector Tech has successfully marketed technologies from universities and companies. We have handled the entire marketing process, including the development of a marketing strategy, identification of target potential licensees, generation of all marketing materials, execution of the marketing plan, and closure with licensing and negotiations.

Taking a hard look at your business strategy should be done on a routine basis to insure that your company is adapting to changes in the marketplace. We have carried out targeted market research to guide strategy development and acted as facilitators at corporate strategy meetings.

InnoVector assists companies with business plan development , as well as review of existing business plans. Our principal, Dr. Stangle-Castor, also serves as a judge for business plan competitions.

In-licensing and out-licensing of technology is a task that requires significant knowledge and awareness of industry standards. InnoVector Tech has assisted clients with the negotiations involved with technology licensing. This assistance has included performing due diligence and providing market standards for terms such as royalty rates, upfront payments, and milestones.

The design and development process at InnoVector Tech is enhanced by the extensive complimentary experience that our consultants offer. Our consultants have a wealth of knowledge of quality systems, process engineering, and customer service operations. This diverse background combined with our extensive experience developing database applications is one of a kind. The database systems developed by our team include a range from small contact tools to complete Business Management applications. We tailor a system from the ground up using client specifications to provide a tool that will meet all the necessary requirements. Our experience includes development and maintenance of tools for companies from large multi-national organizations to small, private industries.