|
|
Article: New index ranks companies based on patent strength.
- Article from:
- Chicago Tribune (Chicago, IL)
- Article date:
- November 14, 2006
CopyrightCOPYRIGHT 2006 Chicago Tribune. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Jon Van
CHICAGO _ The Dow Jones industrial average and the Standard & Poor's 500 constitute an exclusive club, one the Ocean Tomo 300 patent index wants to join.
Launched last month by Ocean Tomo, a Chicago-based intellectual property firm, the new stock index consists of 300 diverse companies that Ocean Tomo ranks as having the strongest patent portfolios going.
The firm believes an information-based economy needs a way for people to make investment decisions based upon intellectual property assets, and the new index is intended to enable that.
"When the S&P 500 started in 1975, 80 percent of the market value of companies ...