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Intellectual Property Valuation Decision Support System for University Research Output: A Conceptual Model
              Abstract.
Commercializing university research outputs or intellectual property is an imperative facet in the
National Economic Model of the 10th Malaysian Plan (2011-2015) whereby innovation-based
economy is the vehicle identified to drive Malaysia into becoming a high-income nation. A vital
aspect of this innovation-based economy is Intellectual Property (IP) and its strategic management
in the preliminary commercialization phase. One of the critical components of strategic
management of IP is the valuation process. In order to capture and capitalize the IP resulting from
university research, valuing the IP becomes a significant juncture on the road to exploitation and
commercialization. This paper explores the aspects of IP valuation practices among Malaysian
universities. It is found that IP valuation generally was done by external consultants or committees.
This paper suggests that technology development provides an opportunity for enabling the
researchers themselves with the capability to do the IP valuation.
Keywords: Intellectual Property; Valuation; Decision Support Systems; University.            
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