A Study On Intellectual Property Impawn Financing Risk Control Countermeasures

Small and medium-sized enterprise is an important part of the national economy, accounting for more than ninety-eight percent of the whole enterprises and providing most of the employment opportunities. Thus the importance of small and medium-sized enterprises is apparent. Currently the small and medium-sized enterprises, especially technology-based enterprises face a common problem of the shortage of funds, which constrains the development of the enterprises and constitutes a bottleneck problem for them. Meanwhile the intellectual property impawn financing for small and medium-sized enterprises can offer a very good channel for financing and infuse blood into the technology-based enterprises. However, while the current intellectual property impawn financing in China is making great progress, the overall development is relatively slow, mainly for the reason that the risk-control problem has not been soundly solved. Many domestic and foreign experts have conducted a series of extensive and in-depth researches, but have not formed a systemic and unanimously approved result, which leaves enough space for this study. This paper is a preliminary study of risk-control problem in intellectual property impawn financing, which begins with the background of the intellectual property right impawn financing at home and abroad and a literature review about the research status quo of this field. Afterwards, this paper introduces the practices of intellectual property impawn financing at home and abroad including the operating modes and situations in various regions and countries. The third part of the paper is a systematic study on the construction of the risk-control mechanism in intellectual property impawn financing, mainly concentrating on the states and government, banks and financial institutions, intermediary organizations and local productivity promotion center. In addition, the paper preliminarily studies the soft environment of intellectual property right impawn financing, trying to figure out a soft environment which is able to facilitate the smooth development of intellectual property impawn financing. Finally this paper reaches a preliminary conclusion, which is always available for criticism, reference and correction.