August 29, 2000

Speakers urge companies to turn patents into profits

Author: JT Smith

From a story at the EE Times: EDA and technology companies need to strategically build, acquire and protect their intellectual property if they intend to turn patent and copyright portfolios into revenue, according to members of the EDA Consortium's Emerging Companies Committee. While "intangible assets" represented only 38 percent of the total market capitalization value of the 500 largest U.S. companies in 1982, "today that percentage has increased enormously," said Irwin Gross, an IP litigator and partner with Wilson Sonsini Goodrich & Rosati. "Almost 70 percent of the total value measured by the market cap of America's 500 largest companies' profits today is through intellectual property."

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