Intellectual Property Pledge Financing Valuation

In recent years,along with the rapid development of science and technology,the acceleration of global integration,and the rise of the knowledge economy,intellectual property has become an important resource for the economic development of various countries,enhancing their overall national strength and upgrading their international status.In China,especially after the State Council promulgated the National Thirteenth Five-Year Plan for the Protection and Use of Intellectual Property Rights,intellectual property rights have been highly valued by all walks of life.How intellectual property rights are converted from legal rights to intellectual capital has attracted the attention of people from all walks of life.With the progress of society and the development of the times,high-tech small and medium-sized enterprises have taken the stage of history and become the economic group with the most potential for innovation and development in China.However,due to their relatively small size and temporary lack of commercial credit that is most conducive to corporate financing,together with the small amount of tangible assets that can be mortgaged,this kind of enterprise makes such intellectual property advantages and physical assets lack of enterprise financing difficulties and high financing costs.Development is very limited.Such companies have the strongest demand for IP pledge financing.Intellectual property pledge financing also brings opportunities for the development of intellectual property-advantaged companies and provides new channels for their fund raising.However,as the IP pledge financing is still at an exploratory stage in China,the assets appraisal agencies are not mature enough to evaluate IPR pledges.Most of them use market value as the Bases of value of IPR pledge,thus falsely estimating the actual value of IPRs.The lender's banks and other financial institutions are also daunted by the IP pledge financing.Therefore,how to choose a suitable Bases of value and then reasonably and accurately evaluate the value of IPRs is an extremely critical link.A reasonable and accurate assessment value is not only beneficial to banks and other financial institutions to reduce loan risks,but also to promote optimal allocation of funds.Make the company more than a financing path,promote the industrialization of its innovative results.This article takes the status of high-tech SMEs(small and medium enterprise)IP pledge financing as the background,and takes IPR as the object of study for enterprises with inferior physical assets.Byreading relevant domestic and foreign literature and materials,we start with the relevant theories involved in the evaluation of IP pledge financing.The relevant concepts of intellectual property rights are introduced.This article progressively understands the objects of evaluation through progressive methods.It introduces the definition of intellectual property,the definition of intellectual property pledge financing and the definition of intellectual property pledge financing evaluation in turn.Secondly,the relevant theoretical foundations are described.The introduction of the theoretical basis is also a step-by-step approach to first understanding the theoretical basis of intellectual property rights,then analyzing the corresponding financing theories,and finally falling on the core of the script and the relevance of intellectual property assessment theory.The content,assessment theory section here focuses on the assessment hypothesis and the Bases of value that are closely related to this study.Then,in order to elicit the rationality of the pledge coefficient method,this article elicited the peculiarity of intellectual property pledge evaluation through the characteristics of intellectual property and its characteristics different from the pledge of other assets.It also elaborated on the particularity of intellectual property pledges to benefit-related issues.The risks brought by the individual and the problems that should be paid attention to in the evaluation process in order to avoid or reduce the risk;And then,based on the analysis of the applicability of the three most common basic methods,combined with the fuzzy comprehensive method,the analysis method of the pledge coefficient was introduced through expert scoring,and the assessment method of the pledge coefficient was discussed through the case analysis of the patent right pledge of B Measurement and Control Technology Corporation.The application of intellectual property pledge financing has led to the conclusion that the use of pledge coefficient method to adjust the value of intellectual property pledges can,to a certain extent,improve the accuracy of assessments,avoid assessment agencies from falsely assessing the value of assets,and promote the development of intellectual property pledged business.Finally,based on the content of this article,the author summarizes the foregoing,and at the same time,proposes some targeted suggestions on the issues mentioned in the paper,and points out the lack of research and prospects of the paper.