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Student name: Javier Arango
Group number: 60
Date: 20-03-2021

INFOGRAFÍA
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INFOGRAFÍA

Student name: Javier ArangoGroup number: 60Date: 20-03-2021

Cost approach method

How can companies create value from their innovation, applying the method according to the method selected previously?

It is a method in which the value of the technology is calculated based on the historical costs that have been incurred for the production of said technology.

1

Processes related to the calculation of the value of technology using the selected method.

2

To use this method, it is then necessary to calculate the costs derived from the process that is being valued and among which we can mention:

  • Costs of the material used in the development of the technology.
  • Labor costs: wages, taxes, workers' compensation, insurance, bonuses and other fees.
  • Other prorated structure costs
  • Costs of new improvements and redesigns.

  • In essence it would not be considered a valuation method of the business project because it does not delve into the potential this, but raises a trace of all costs incurred through of the history to obtain the result (product / service) object of technology transfer. It is a traceability process backwards that makes it possible to have the current value of the investment made by the university institution to carry out the project. In a negotiation is an essential piece of information that should always be available to financially validate with potential investors the monetary contributions made by the institution.