The purpose of Technology Reserve is to accelerate the growth of small and medium size enterprises worldwide by facilitating access and licensing of technology, know-how, patents, and expert services. The goal is to democratize innovation globally, help to increase global innovation flows, be a catalyst to new job creation, and create downstream societal wealth. The platform grants SME access to its deposits and expert network for use in technology development, product development, and market connections.
The majority of the world’s technology supply and IP rights are produced and owned by a handful of firms. Collectively, the top 1,000 R&D firms in the world own more than 50 percent of the global supply of patents and account for more than 60 percent of global R&D spending. What would happen if the barriers to accessing the majority of the world’s technology supply were removed?
Technology Reserve is designed to break down the barriers to the technology, know-how, and IP owned by large enterprises. The platform has been architected to advance and protect the interests of all members, governments, SME, large enterprises, and experts. In addition to removing barriers to access, Technology Reserve is an innovation platform that makes it easy and affordable for SME to license technology and IP and to utilize a global network of experts to help implement the technology and IP borrowed from large enterprises.