Technology Licensing Opportunities Database Experiences Impressive Growth
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.