The Comparable Technology Licenses Method is a market method used to determine the royalty associated with licensing an intangible asset such as a technology to a third party. Under this method, valuers seek and review transactions involving technology licenses to determine the range of royalties prevailing on the market at the time. While most technology transfers involve related firms and businesses, those are not considered to be reliable indicators of prevailing market rates because such transactions are not fully dictated by market forces. The best references are technology license transactions involving unrelated third parties.