One of the biggest European Quantitative Research organisations are using the IPR Strategies factor for their internal models.
After half a year of intensive backtesting Europes biggest research organisation for quantitative research decided for the IPR-Factor.
"The results that we have found whithin backtesting were better than most of the other fectors that we used so far." "There is a strong significance between the indicators that are derived from corporate patent values and the performance of the dedicated company".
The IPR factor did even perfectly work without additional correlations like e.g. dividends. In all the tested cases outperformances could be measured.