Licensable Technology, the online licensing opportunities database, reported today that it is now listing over 29,000 technology licensing opportunities from Universities and research led organisations around the globe.
Launched in December 2011, LicensableTechnology.com, the searchable database of innovative technologies has increased its coverage of global licensing opportunities by over 800% in only 9 months.
Using a custom algorithm, developed by founder, Dave Waddell, the cloud based service continually searches the internet for new technology licensing opportunities and automatically adds them to the LicensableTechnology.com search engine.
The site is the first of its kind to require no input by the institutions themselves, allowing them to concentrate on researching new technology and fully leverage any effort already undertaken to list or market technologies on the web.
The database of licensing opportunities contains a diverse range of technologies, from areas including medical devices, materials, software, military, treatments, biology, and space technology to name just a few; providing business and industry with a ‘one stop shop’ to review technology which could form the basis of new products and services.
The service is completely free, for both the research institutions and those businesses seeking licensing opportunities. Regular statistics on click-through per technology are gathered and communicated back to the institutions to let them see the interest on each of their posted licensing opportunities.
About Licensable Technology
Licensable Technology founder, Dave Waddell spent 8 years managing technology transfer and research systems at The University of Edinburgh and subsequently founded a niche software company, specialising in analytical analysis of technology transfer data.
The launch of LicensableTechnology.com is an independent, privately founded and funded initiative to support and facilitate the process of making innovative technology available to industry, driving and connecting business with innovation.