Amritt’s global technology scouting is a search, analysis, and filtration process that enables our Western client to efficiently find and acquire new technologies, products, ingredients, and intellectual property from emerging country economies such as China and India. Our support of technology brokerage processes leads to transactions and ongoing relationships between American, Canadian, and European clients on the one hand and emerging country sources on the other.
Our scouting program effectively supplements and enables leverages for your company’s internal technology development programs in order to meet your strategic goals more cost-effectively and more quickly. Amritt technology scouting professionals are typically lateral thinkers with cross-disciplinary skills and knowledgeable in science, technology, and product development.
Amritt works with your R&D management staff as the primary interface. We also interface with your Marketing and Business Development teams as needed; this can include interfacing with the home country team as well as any field operation in the emerging country of interest.
We run a proprietary Supplier Screen Process to quickly identify the right targets. We are also experienced in helping companies to overcome internal resistance to global collaboration.
Clients typically provide the relevant portions of their technology roadmap to Amritt as a starting point. Amritt’s scouting services seek to find target sources through which to fill a gap or gaps in the roadmap. Actions that might be taken to acquire a technology at the end of the sourcing process range from:
- Sponsored research
- Joint development
- Licensing, exclusive or limited, or royalty payment arrangements
- Acquisition of the technology (or the entire company)
Our professionals are sensitive to the intellectual property and competitive needs of Western clients but equally to national and local priorities in the emerging country. Our bi-cultural sensitivity enables us to bridge relationship gaps and cement strong and durable relationships for our clients.
A global scouting program can add value by looking at very early stage technologies outside your mainstream technology development programs. These can be sources for truly disruptive, high-impact, transformational platforms. Often, these sources are completely off the radar of your Western competitors.
At the very least, you can use this information to identify emerging technical trends. We can also assess the current development stage of a targeted technology.