Article ID Journal Published Year Pages File Type
488895 Procedia Computer Science 2014 5 Pages PDF
Abstract

We present a web service to find prevailing royalty rates. The service is intended to facilitate technology transfer by suggesting payment scheme when prospective licensee looks through the results list on the webpage of the research information system or technology transfer office. New suggestions are generated according to the special step-by-step algorithm that exploits pre assigned licensor's information and the licensee's expectations Both licensor and licensee provide their expectations to the program mediator that processes it and returns only royalty rates as a result. So the parties do not share complete information – they exchange only information about royalty rates just the same way as in common negotiations. Step-by-step procedure guarantees the utility improvement for both parties only if the true preferences are revealed. This web service was tested with Share Point based information system.

Related Topics
Physical Sciences and Engineering Computer Science Computer Science (General)