Pontiac, are you also a Peter Drucker student?
I remember reading a bit about his Knowledge Worker and Knowledge Society back in my undergrad days. Much of it seems to have come to fruition, and to your point, Titan's IP portfolio is a perfect example of how knowledge has become imperative for business survival. If Titan stopped developing and protecting their IP (developed knowledge) back in the "chicken in a bottle" days, they would no longer exist. Their value still resides almost entirely in that portfolio, and that is why I have always been so respectful and appreciative of Mr. Brar and his contributions to our investment.
Drucker's other statements like (paraphrasing) "You can't have a healthy business in a sick society" are becoming more and more concerning... but that's a different issue!
Message in reply to:
pontiacg6 Thursday, 08/20/20 10:36:18 AM
Re: ShortsRClowns post# 113770 0
Post # 113774 of 113779
What if I told you that more than 80% of your company’s wealth was invisible — literally invisible to managers and shareholders? You might think I was nuts, right? But it’s true.
According to experts, the average company’s intangible assets — most especially its intellectual property and technological know-how — now account for 84% of its market value. That’s quite a change from just 40 years ago, when 84% of firm value resided in tangible assets like plant and equipment. The cause of this dramatic value shift, of course, is the emergence of a new Knowledge Economy in which know-how and innovation rather than factories and raw materials have become the main factors driving productivity growth and profitability.
