Intellectual Property Pledge Loan Pricing Research Based On The Modified BS Model

As a typical small and mid-sized enterprises intellectual property rights ofenterprises, its survival and development is not only related to their own fate, but alsorelated to national and regional innovation ability and core competition ability of highand low. Technology-based small and medium-sized enterprises in the developmentprocess faced with problems such as insufficient funds, financing difficulties, affectingits development. Promulgated by the state council and the national medium andlong-term science and technology development plan outline (2006-2020) in8, high andnew science and technology enterprises, small and mid-sized enterprise loan businessand intellectual property rights pledge loan business shall be state policy Banks,commercial Banks, guarantee companies and other financial institutions to support andencouragement. Intellectual property rights pledge loan financing problems of small andmid-sized enterprises will be crack a breakthrough. In recent years, the intellectualproperty rights pledge loan gradually into the finance sector as a new mode, its value isalso been realized by people. But intellectual property rights pledge loan in theimplementation of China’s commercial Banks is not ideal, the main reason is that thereare a lot of intellectual property evaluation method, its value is difficult to accuratelyassess the pricing. Intellectual property assessment, therefore, the pricing method ofselection and use is the main influence factors of evaluation results, and intellectualproperty rights pledge value assessment practice is an urgent need to solve the problem.Are modified in this paper the BS model of intellectual property rights pledge loanpricing, empirical research loan-to-value ratio of50%, is more than double that of20%-20%in real terms, effectively improve the loan-to-value ratio, thus relieve the small andmid-sized enterprise financing difficult problem.Outline of the paper content is as follows: first, through the refer to a large numberof literature at home and abroad, the selected topic background and researchsignificance, and carries on the review, has the results of the study are pointed out, andthe research methods and content of this article sets forth general framework. Second,the paper expounds the research to use the basic theory, including the concept and characteristics of intellectual property rights, intellectual property rights pledge,constituent elements and the meaning of intellectual property rights pledge process andits restricting factors. Third, analyzing the particularity of intellectual property rights,and intellectual property rights pledge loan process evaluation pricing method. Fourth,the utility model patent pledge loan, for example, use different pricing method to assesstheir value and comparison analysis. Fifth, the intellectual property rights pledge loanpricing method is summarized, and analyzes the development prospects of intellectualproperty rights pledge.