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How does the Technology Marketplace work?
yet2.com fosters the connection between technology needs and capabilities. We do this in several ways -- one primary way is by maintaining our online marketplace of technology for license, available know-how, and technology needs. But yet2.com is much more than a just the Technology Marketplace. We provide consultative services around assessing your portfolio of intellectual property to help you select which technologies are best suited to out-licensing. We help you identify your organization´s technology needs -- and we help find the answers and solutions to those needs. We help you prepare your technologies for market, and we assist you through the deal-making process. Our web site and our access to a large fraction of the world´s R&D make up the engine that powers our products and services.
You can market your technologies here to organizations around the globe. You can confidentially seek solutions to your technology needs (not everyone wants to reinvent the wheel) -- and we can help every step along the way.
Who can use this site?
Use of yet2.com Technology Marketplace is open to everyone. We have registered users from every continent (at last count, three users were located in Antarctica), every industry, every type of organization, and every job function. People use our service to keep abreast of relevant developments, identify technical solutions to their needs, create product improvements, and start new business ventures. Whether you're an engineer, inventor, or scientist; an intellectual asset manager, licensing professional, or general manager; a broker, consultant, or patent lawyer; a CEO, CTO, or CFO -- yet2.com has something to offer you.
Why register?
When you register and log in, we´re able to deliver more customized services to you. For example, you can save searches and have us notify you when new listings meet your needs. Or you can customize your home page so that you see recently added technologies in your areas of interest. Registration gives you access to a wide range of information and services.
Registered members also gain free access to view the full details of every TechPak™ on our site. A typical TechPak has an overview and six additional sections, each containing a wealth of information about the technology which is for sale or license. Even if your are not registered, you may browse our categories and read the overview page for thousands of TechPaks.
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How is the yet2.com Technology Marketplace different from other Internet sites that deal with technology transfer?
Finding a buyer for your technology, or finding a technology for you to buy, is only a small part of what we do. The Technology Marketplace is a center point for a robust offering of services and other products built around the practice of technology transfer; it´s not just a web site. We provide consultative services around assessing your portfolio of intellectual property and helping you select which technologies are best suited to out-licensing. We help you identify your organization´s technology needs -- and we help find the answers and solutions to those needs. We help you prepare your technologies for market, and we assist you through the deal-making process.
With the Technology Marketplace as its engine, yet2.com offers other products for organizations that need an internal technology exchange or that want to offer their own technologies on their own web sites.
yet2.com is setting the standard for technology transfer on the Internet. What's unique:
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Global representation, roughly a third of our user visits and listed technologies are from outside the U.S.
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Unparalleled access, to the world's largest R&D powerhouses |
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Intuitive, cross-industry connections provided through an exclusive database focused on the technology's applications and benefits
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Security that your search information will remain confidential and won't be shared with a corporate parent |
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Anonymity in listing your technology if you choose |
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Flexibility to accommodate unique deals by having a process that leads to in-person discussions rather than an auction
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Who are your Technology Providers? What does this mean?
Our Technology Providers are many of the most respected names in technology and intellectual property. They were chosen to represent the diversity of the world's technology -- encompassing many industries, technical specialties and geographies. They've agreed to help us build this marketplace, promote the market in their industry, and lend us their insights into how to make it more useful. They also provide us exclusive rights to market much of their technology on the Internet.
So, is this just for large corporations?
No. Most of our current introductions are between large and small companies. Small companies have found useful technologies that help them meet a market need not large enough for the large corporation. And large companies have found brilliant ideas from smaller companies that don't have the resources to commercialize them effectively.
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How big is your database?
Our database is growing every day. Our Technology Providers alone represent about a quarter of the world´s R&D. If today you don't find what you're looking for, please save your search and request us to notify you when we get a new technology that meets your criteria. Or, post a TechNeed™ and let the solution find you.
What can I do for free?
You can use our search tools and view the search results for free. You can read the abstracts of technologies or technology needs, delve into their details, and save your searches, all for free. You can request or respond to introductions for free. We've also added free access to a patent-searching tool, to industry leader insights and commentary, and to our Techs of the Week™ and TechNeed Challenge™. All free.
There is a charge for listing TechPaks™ or TechNeeds™ if they are not already included with your group membership.
Why pay to use your service when I already have access to online patent databases?
We're not just an online patent database.
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Because patent abstracts are designed to protect an idea from infringement, they obscure the technology, making it difficult for potential buyers to imagine relevant applications. Conversely, yet2.com features functional abstracts written in plain English to communicate the potential applications and benefits of the technology.
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Secondly, yet2.com technologies are groups of patents, know-how or other information that are already pre-screened and packaged by the owner for license. Every technology in yet2.com is available for license, saving you from pursuing dead-end leads.
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Is it neutral? Or are some listers promoted, given special weight or advertised?
yet2.com is completely neutral to all parties. Our search engine provides the individual looking for technology with the most relevant match to their needs, regardless of the source.
Is it safe?
Our obligation is to protect the usage information of anyone who lists or searches for technology on our site. However, technology descriptions listed in our database become part of the public domain. Only you can determine what you are willing to disclose to the public about your technology.
Who can list?
Any organization or individual who owns technology may list that technology on our site. In addition, brokers who have exclusive rights to market a technology may also list. In order to list a technology on our site, we must authorize your organization to list, and you must have the authority to trade intellectual property for your organization. Authorization requires us to obtain some additional information, such as identification numbers and references.
If my competition is listing here, can I list here too?
Yes, in fact, we believe you'll benefit from the fact that more people from the same industry are listing technology relevant to people with similar needs. If a competitor makes an inquiry regarding one of the technologies you've listed with us, you can choose to decline the introduction if you wish.
What does it cost?
We have several plans that are designed to meet the needs of different sizes of organizations. They range from plans for individuals listing technologies one at a time on a Personal Account to unlimited annual listing memberships. Please contact your local yet2.com sales representative in the U.S., Europe or Asia to determine the account that is right for you.
What's my commitment?
Since we're working hard to gain exposure for your technology, on our site and through syndication to other search sites, we ask that if you list a specific technology with us, you commit to:
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keep it on our site for one year, and
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not list it with other third party Internet sites during that time.
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You may:
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list the same technology with brokers or sell it on your own or
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use third party Internet sites to market your other technologies.
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You do not need to commit to:
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listing all of your technologies with us.
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How does yet2.com generate revenue?
We charge a commission for technology transfer arrangements executed by way of introduction from our site, with a $10,000 minimum. As a result, you only pay our commission when you´ve received value from using our service.
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