Link to Efrat's LinkedIn Page: https://www.linkedin.com/in/ekasznik
Her company ForeSight Valuation is doing some great things in the world of IP's and technology - as the a woman CEO, I really appreciate what she's doing in the industry:
I loved hearing from this speaker who was from the business school because it was interesting to see the perspective from a business professional as opposed to a scientist or engineer because I feel that patents really are at the intersection of business, law, and technology. It's important to gain a holistic perspective here.
I wanted to touch upon one particular slide that Efrat had in her presentation to our class (slide five). It was just amazing to see how much "intangible assets" have now dominated the total value of the S&P 500 Market.
For such a key indicator as the S&P 500 to have almost 80% of its value derived from the intangible assets of company's that make up this globally recognized index shows how patent and intellectual properties has really dominated the stock market and the "value" that investors look for in a company when they want to invest. No longer are investors simply looking at the raw numbers for production levels, capacity, employee numbers, etc.
Looking at how much the S&P has GROWN - seeing that "intangible assets" is such a big portion shows us how monumental this shift is:
They now look at a variety of different indicators - innovation, patent quality, copyrights, trade secrets, etc. These are now looking to be the "new age" indicators for solid investments for major corporations. Regardless of industry, these indicators are relevant to most major corporations trading on the S&P 500. Institutional and retail investors take into account these factors in order to figure out which company they should invest in.
I agree with you that as a stem major, one can often get wrapped up in their specific concentration whereas it is important to get perspectives from different areas of study. Our class has spent a lot of time dealing with the logistical and technical part of patents so it was definitely interesting to learn about the business perspective. For example, how vital intangible assets can be to a company. Informative post, thanks for sharing!
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