The PC&T Process
Phase I
Within the scope of the engagement, PC&T will provide a two-part account comprising a Competitive Analysis and an Alliance Strategy. Significant issues relating to patent literatures, primary research, and other resources will be addressed in each of the deliverables and reported. A recommendation for recognizing the maximum economic potential of the technology based on PC&T’s assessment will be detailed as follows.
• Technology Assessment
Definition of key technology features and patent ability (where applicable).
Identification of emerging and/or impacting technologies and patents.
Advantages and disadvantages of current vs. new technology.
Determination of technical drivers and key challenges.
Summary evaluation.
• Products and Markets
Identification of existing and potential applications.
Identification of existing and potential markets.
Identification of impacting consumer, political, regulatory, and social factors.
Determination of products and services suitable for the technology.
Analysis of products in the market environment.
• Industry Overview
Economic value: identification of value chain, margins, projected returns, cost drivers.
Identification of alliances, joint ventures, and general business environment.
Identification of trends and key industry success factors.
Compilation of relevant industry participants.
• Competitive Factors
Identification and profiling of primary competitors.
Overview of the competitive environment.
Determination of major competitive barriers and opportunities.
Summary evaluation.
ALLIANCE STRATEGY
Identification of key success factors (partner attributes).
Summarization of Strengths, Weaknesses, Opportunities, and Threats (SWOT) issues.
Product Positioning.
Identification of potential alliance partners.
Comparison of attributes of potential alliance partners.
Strategic plan and recommendations.
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