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BASF and Dow announce support for New Patent Asset Index
13 Oct '09
3 min read
Comparing companies on the strength of their patent portfolio is an important measure of innovation, especially in the chemical industry where competition occurs at a global level.
"The essential role that patents play in the chemical industry is often ignored, and we are happy that we now have a better method to compare the patent portfolios of global companies even more accurately," said Dr. Andreas Kreimeyer, member of the Board of Executive Directors and Research Executive Director of BASF SE. "The method is valuable not only to demonstrate the importance of our patent portfolio to investors, but also to internally evaluate our patent strategy over time."
"The essential role that patents play in the chemical industry is often ignored, and we are happy that we now have a better method to compare the patent portfolios of global companies even more accurately," said Dr. Andreas Kreimeyer, member of the Board of Executive Directors and Research Executive Director of BASF SE. "The method is valuable not only to demonstrate the importance of our patent portfolio to investors, but also to internally evaluate our patent strategy over time."
The Dow Chemical Company
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