The Assessment And Prevention Of Patent Securitization Risk

Patent securitization has the same risk with traditional assets securitization, The common problems securitization face is to control and preven risks.Identify, analyze,patent securitization risk factors existed in the evaluation and measure the size of the patent securitization risk index, the key to prevent and control the risk and on the patent securitization is vital to the success.There are both internal risk and external risk in Patent securitization process.Internal risk includ the risk of assets evaluation, the risk of fluctuations in value, value realization and the risk of patent rights defects and the risk of litigation.External risks includ the risk of interest rate, the economic outlook and trading legal risk and policy risk affecting the patent.A variety of Patent securitization risks are fuzzy and uncertainty, fuzzy comprehensive evaluation is based on the evaluation factors of vagueness and uncertainty.Patent securitization evaluation index focus on patent underlying asset risk, deal structure risk and three types of macroeconomic legal risk indicators.Using analytic hierarchy process(ahp) to determine the weighing values of evaluation indexes, through the study of the two repeated comparison of the indicators, the weight of each index are obtained.Through specific securitization case to carry on the schematic design of risk assessment, with the method of expert scoring, fuzzy results,to verify the indicator is feasible and the effect of the model using.Test results show that the index weights of the basic can be applied.From the perspective of the result of evaluation, patent underlying asset risk evaluation of the entire patent securitization risk evaluation result has played a decisive role.In addition to consider relevant policies, laws, and external risk factors such as economy.The key of Patent securitization risk prevention and control lies in three aspect.The first is the construction of patent pool;the second is improving the system of credit enhancement and ratings;the third is to develop the patent securitization information disclosure system.