A Study of Technology Valuation on Oil Exploration Business

MasterWith the development of industry, further increasing the importance of technology, but the modern technology is becoming more complex with active convergence between industries. As the value-added industries focusing on technology have increased, technical evaluation is often used, but the standard way of the objective and validated evaluation have not been presented yet.This study introduces each details of qualitative and quantitative methods and describes each of these characteristics. Through comparison and analysis of the methods, the best way to assess the value of modern technology is proposed. With introducing a case applied the proposed method (oil exploration business), the process of the theoretical method applied in practice is mentioned. The method used in leading technical evaluation institution, Korea Technology Finance Corporation, introduces to investigate methods used in practice. This will offer an opportunity to identify something in common and difference between theoretical method and practical method