Dr. Richard Razgaitis



About Me


Since 1998, I have been retained on more than 200 technology valuation, dealmaking, and/or opportunity discovery assignments.  These consulting assignments were done originally through my affiliation with IPC Group, which then became part of InteCap LLC, and later, and currently, as part of Charles River Associates, Inc. (www.crai.com).

 

The work I do can be organized by the acronym Technology Licensing D-V-D, where the first "D" designates opportunity Discovery, the D-V-D for Valuation, and the second "D" for Dealmaking.  In some assignments identifying the specific licensing opportunity is an essential first step.  Overall licensing / business strategy is part of Discovery.  Dealmaking, resulting from a specific packaging of the technology opportunity, transformation of a valuation model into a pricing proposal, and team / fact-based negotiation, is normally the ultimate outcome sought.  The key intermediate step is the development of a valuation model.

 

Prior to 1998, I worked in the R&D industry for more than 17 years for Battelle and Bellcore (now Telcordia), the last 10 years as VP for Technology Commercialization.  Prior to that I was a university prof in engineering for 10 years at the University of Portland and the Ohio State University.  Prior to that, and my first job out of undergrad was as a rocket scientist and member of the Saturn-Apollo launch team assigned the mission by President Kennedy to send men to the moon and return them safely to earth. That assignment included loading the propellants that sent the first men to the moon in Apollo 8, Borman / Lovell / Anders, Christmas Eve, 1968.  (The picture on the top right was taken by William Anders on that Apollo 8 flight).  I was part of the launch team from the first Apollo mission through the Lunar Landing of Apollo 11 in August 1969.

 

I have been a long time member of the Licensing Executives Society (LES), served on its Board for a decade, was Treasurer for 3 years, and on the Board of the Licensing Foundation for 6 years, 3 as President.  I was also on the Board of the National Inventors Hall of Fame, including the Centennial Inductions in 2003 honoring the onset of powered flight when John Glenn was inducted, as the first Astronaut to orbit the earth.  I have been a registered Professional Engineer in Oregon, Texas, and Ohio, and a Certified Licensing Professional (CLP).



SNAPSHOT

NAME: Richard Razgaitis

EDUCATION: B.Sc Aeronautical & Astronomical Engineering, University of Illinois; M.Sc. Aerospace Engineering, University of Florida; Ph.D. Mechanical Engineering/Thermal Fluid Sciences, SMU; MBA, Ohio State University.

FAMILY: Married since Christmas Eve 1967, 5 children: Rich II, Renda, Christy, Jodi and Leslee.

INTERESTS: Learning Greek, sailing, astronomy. 

LOCATION: Where work and impulse take me; My home is in Florida, the Charles River Associates team that I work with is in Chicago.


BOOKS WRITTEN
1. Early Stage Technologies: Valuation & Pricing, John Wiley & Sons, 1999.

2. Valuation & Pricing of Technology-Based Intellectual Property, John Wiley & Sons, 2003.

3. Dealmaking Using Real Options & Monte Carlo, John Wiley & Sons, 2003.

4. Valuation & Dealmaking of Technology-Based Intellectual Property: Principles-Methods-Tools, John Wiley & Sons, 2009. 

Learn more about published books here.



OTHER PUBLICATIONS

Book Chapters

AUTM Practice Manual

LESI Guide

PIIRPA

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Journal Papers

1.  2004 les Nouvelles

2.  2005 les Nouvelles

3.  2006 les Nouvelles

4.  2007 les Nouvelles


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