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Ocean Tomo Announces 2010 Results of Annual Study of Intangible Asset Market Value

April 5, 2011

Ocean Tomo, LLC, the nation’s premiere Intellectual Capital Merchant Bancâ“¢ firm, issued findings from its annual study of the composition of equity market value. In 2010, the implied intangible asset value of the S&P 500 reached 80%, slightly down from 81% in 2009, despite a 3.5% drop in total R&D spending among the world’s top innovators.

Chicago, IL (Vocus/PRWEB) April 04, 2011

Ocean Tomo, LLC, the nation’s premiere Intellectual Capital Merchant Bancâ“¢ firm, issued findings from its annual study of the composition of equity market value. In 2010, the implied intangible asset value of the S&P 500 reached 80%, slightly down from 81% in 2009, despite a 3.5% drop in total R&D spending among the world’s top innovators.

To download the chart of tangible versus intangible value for the entire period, visit OceanTomo.com.

“Though R&D spending has decreased overall, R&D as a percentage of revenue has actually increased a like amount, or 3.5%, from 2008-2010,” said Michael Friedman, Ocean Tomo’s Managing Director in charge of the firm’s investments business unit. “The market clearly recognizes that innovation must remain a priority even at the expense of other spending initiatives.”

The global transformation to a knowledge economy continues to place an unprecedented focus on corporate intangible assets generally, and specifically on a firm’s intellectual property — its patents, trademarks and copyrights. This three decade total economic inversion concentrated around intangible assets carries significant ongoing implications for the investment community. Market value of the S&P 500 companies deviates greatly from their book value. This “value gap” indicates that physical and financial assets reflected on a company’s balance sheet comprise only approximately 20% of the true value of the average firm. Ocean Tomo’s further research shows that a significant portion of this intangible value is represented by patented technology.

“It is not surprising that the worldwide recession caused overall reductions in R&D spending, with the automotive industry representing approximately two-thirds of the decrease,” commented James E. Malackowski, Ocean Tomo’s Chairman. “Each R&D dollar is more precious today and the expectations for payback are higher. I expect the patents that come from this era of science to be relatively more important to a firm’s long-term strategy.”

About Ocean Tomo, LLC

Established in 2003, Ocean Tomo, LLC, is the leading Intellectual Capital Merchant Bancâ“¢ firm. The company provides financial products and services related to Intellectual Property, including expert testimony, valuation, research, ratings, investments, risk management and transactions. Ocean Tomo assists clients ““ corporations, law firms, governments and institutional investors ““ in realizing Intellectual Capital Equity® value broadly defined.

Headquartered in Chicago, Ocean Tomo has offices in Boston, Greenwich, Orange County, Paris, and San Francisco. Subsidiaries of Ocean Tomo include: Ocean Tomo Risk Management, LLC; Ocean Tomo Asset Management, LLC; OTI Data Networks, LLC; Patent Marking, LLC; and Ocean Tomo Capital, LLC ““ publisher of the Ocean Tomo 300® Patent Index family. Ocean Tomo is the founder and majority owner of the Intellectual Property Exchange International (IPXI), Inc. as well as the exclusive licensee and distributor of PatentRatings® system.

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For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2011/4/prweb8269063.htm


Source: prweb



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