The value added capability of innovation intermediaries in technology transaction markets

As the technology/ patent transaction markets are becoming well-developed, are there professional innovation intermediaries to match the supply and demand sides and to help to accomplish deals? Innovation intermediaries can provide the matchmaking services and increase the connections from outside organizations. This study adopts case research methodology to examine the intermediary processes for technology patents consulting by Technology Transfer & Service Center" (TTSC) of the Industrial Technology Research Institute (ITRI) in Taiwan. The purpose of this research is to provide detailed transaction processes of innovation intermediary and technology transactions and to clarify this emerging practice. Finally, we presented four value-added capabilities for innovation intermediaries, including technology brokering, IP management, industrial knowledge, and negotiation.