Crain’s Detroit Business Article Ranks Top 100 Companies in Michigan by Innovation Using Patent Data

Michigan Aerospace Corporation (MAC), an advanced engineering and products company, placed 13th out of 100 organizations on the Michigan Innovation Index, a list composed by Ocean Tomo LLC for Crain’s Detroit Business. The list ranks Michigan companies with three or more patents in 2012 using a proprietary method to “score” the patents for quality in relation to each other, especially in their regard to generate economic benefits in the future. MAC scored higher than many businesses, and even some research universities, with much higher total numbers of patents because of the projected value in economic returns over the times the patents will be in force.

The article appeared in the July 29-August 4 print edition of Crain’s Detroit Business and is available here.