Research On SMEs Intellectual Property Financing Through Guarantee

Small and Medium-sized Enterprises, hereafter referred to as SMEs, encounter a problem that it is hard to get enough money for the enterprises'further development. So some SMEs of Hi-technology try to finance through intellectual property guarantee, which has low cost compares to intellectual property securitization or credit guarantee. And the intellectual property can be fully used to support the enterprises'development. However, it is hard to control the risks in this process, especially the bank risk controlling because the value and risk of intellectual property is hard to estimate. So this dissertation researches on some legal issues in SMEs financing from intellectual property guarantee, especially on value and risk Evaluation. The dissertation is composed of five parts as follow: Brief introduction. This part introduces the background, the current situation, the main content and new points in the paper. The first chapter is the necessity and feasibility of SMEs'financing form intellectual property guarantee. This part introduces the basic theories and the meaning of SMEs'financing form intellectual property guarantee. The second chapter is the object of SMEs'financing form intellectual property guarantee. This part analyzes the object of SMEs'financing form intellectual property guarantee with the theory of legal relationship. This part also researches the process and main point of SMEs'financing form intellectual property guarantee. The third chapter is the obstacles in SMEs'financing form intellectual property guarantee. This part firstly analyzes some case of SMEs'financing form intellectual property guarantee, and then comments that there are some obstacles in SMEs'financing form intellectual property guarantee, especially in the stages of intellectual property value and risk evaluation. And the bank will be at a lot of risks. The last chapter is some suggestion for the improvement of SMEs'financing form intellectual property guarantee. This part maintains that the legal system should be improved especially in the aspects of intellectual property value and risk evaluation. The government should also play an important role in this process.