What does BATON mean in TECHNOLOGY
BATON stands for Business Acceleration and Technology Outlicensing Network. It is an initiative by the Estonian government to encourage and stimulate global trading of technology, software, and other IT-enabled services. It was established with the goal of promoting a more connected economy through the utilization of technology-based services that have an international market potential. By providing a platform that facilitates the exchange of intellectual property between entrepreneurs, investors, businesses and governments, BATON seeks to increase the competitiveness of Estonian businesses in an increasingly digitalized world.
BATON meaning in Technology in Computing
BATON mostly used in an acronym Technology in Category Computing that means Business Acceleration and Technology Outlicensing Network
Shorthand: BATON,
Full Form: Business Acceleration and Technology Outlicensing Network
For more information of "Business Acceleration and Technology Outlicensing Network", see the section below.
» Computing » Technology
What is BATON?
BATON is a centralized network that enables the promotion and outlicensing of innovative technologies from Estonia to other countries. It focuses on creating positive outcomes for both buyers and sellers of technology solutions. The goal is to help startups promote their technologies while also connecting them with customers who are looking for those technologies. Through BATON, buyers can access high-quality technology products from local or international providers without having to look elsewhere for solutions or services. On the other hand, sellers can use BATON to showcase their products in front of potential customers worldwide and access expert advice on how best to monetize their technologies.
Benefits of Using BATON
The primary benefit of using BATON is its ability to facilitate international trade in technology. This helps strengthen Estonia's position as an innovation leader in Europe by allowing local companies access to external markets where they can capitalize on new trends in the tech space as well as capture additional opportunities for growth outside their home country. In addition, it increases customer reach throughout Europe and provides an effective way for startups and established players alike to commercialize innovative products quickly while making sure they receive fair compensation for their work. Finally, it fosters better collaboration between entrepreneurs working within the same industry so that they can learn from each other's experiences and apply lessons learned across different markets.
Essential Questions and Answers on Business Acceleration and Technology Outlicensing Network in "COMPUTING»TECHNOLOGY"
In summary, BATON is a highly valuable tool for both buyers and sellers looking to gain access to technology products or monetize existing ones respectively. This service has been used extensively by Estonian businesses looking to expand beyond their borders but also by overseas entities interested in taking advantage of local innovation potentials due its unique combination of business acceleration capabilities combined with robust outlicensing infrastructure provided by experienced experts in the field.. For anyone looking for new ways to optimize their business operations or promote innovative ideas internationally, leveraging BATON's resources could be just what you were looking for!