Abstract: Target valuations for company stocks are produced based on the strength and quality of their technology. The valuations are derived from a combination of indicators that measure the quality of companies' patented technology, and their commitment to research and development. Indicators may include citation indicators that measure the impact of companies' patents on later technological developments, the strength of the link between companies' patents and scientific research, the speed at which companies innovate, and the proportion of companies' sales spent on research and development. The technology-based valuation may be used to identify investment opportunities in the stock market.

Abstract: A portfolio selector technique is described for selecting publicly traded companies to include in a stock market portfolio. The technique is based on a technology score derived from the patent indicators of a set of technology companies with significant patent portfolios. Typical patent indicators may include citation indicators that measure the impact of patented technology on later technology, Technology Cycle Time that measures the speed of innovation of companies, and science linkage that measures leading edge tendencies of companies. Patent indicators measure the effect of quality technology on the company's future performance. The selector technique creates a scoring equation that weights each indicator such that the companies can be scored and ranked based on a combination of patent indicators. The score is then used to select the top ranked companies for inclusion in a stock portfolio.