The Influence Of Patent Value On The Risk Of Patent Pledge And The Empirical Research

With economic development,technological progress,with the core technology of the rapid growth of science and technology enterprises in our country,but because in the early years,weak basic condition,"financing" has become an important factor of restricting its development.Although the government promote the intellectual property rights pledge loan in order to solve the financing problem,but there is still a bigger risk for enterprises,mainly reflected in financing capital unrealized expected returns to lose solvency,etc.When companies unable to repay the loan,the bank will enterprises realized the pledge of patent right,or contraction of credit in order to ensure its own benefit,it will lead to companies losing out patents,lose the core competitiveness,to the enterprise production and business operation and future development of great negative impact,enterprise credit will be severely affected,cause some difficulties to refinance.If the patent does not have certain value,the product will not reach the expected return,thus resulting in higher financing risk.Therefore,this paper selects the patent value factors from the perspective of the enterprise to study its impact on the risk of corporate patent pledge.This article first elaborated the research background and significance,combing the domestic and foreign scholars for patent patent pledge risk value and the related research,then expounds the patent value and the mechanism of the relationship between the patent pledge risk analysis,describes the current development of China's patent pledge,on the basis of the design research and patent pledge risk variables,build the patent value of the relationship between the conceptual model,and puts forward the research hypothesis,by selecting new three board and shenzhen from 2015 to 2016,a total of 75 small and medium-sized plate of the implementation of the patent pledge enterprises as the research sample,the data is the descriptive statistics,correlation analysis and multiple regression analysis,and delves into the patent value of the patent pledge risk.This paper draws the following conclusions:(1)the patent value is significantly negative correlation with the enterprise financial risk,patent value large enterprises to create more economic benefit and use of patent value-added effect,make the enterprise financial situation is good,stable capital structure,financial risk is small;(2)the patent value is negatively correlated with the enterprise credit risk.The greater the value of the patent,the more liquid assets can be brought to the enterprise,and sufficient funds to repay the enterprise loans,the ability to repay debts is strong,and the credit risk is relatively small;(3)enterprise scale on the patent value and the relationship between the patent pledge risk has a negative regulatory role,when the enterprise scale,the increase of patent value shows that the enterprise will get more profits,so will be more conducive to the patent pledge to reduce risk.Finally,this paper summarizes the empirical research results and puts forward the research prospect.