Comparative Study On Patent Technology Pledge Financing Mode

Driven by the new economy,new technologies,new business forms and new models,small,medium-sized and micro-sized enterprises have been developing vigorously and are the largest and most innovative enterprise group in China.However,the problem of difficult and expensive financing still exists.Patent pledge financing provides new financing channels for technology-based SMEs.In recent years,China has attached great importance to the development of patent pledge financing at both the policy level and the practice level.Since the pilot of patent pledge financing in 2008,the patent technology pledge financing model has evolved from the stage represented by the Beijing model,the Shanghai model,and the Wuhan model to the new stage of the patent technology pledge financing model in which insurance institutions and financial risk compensation funds participate.The Zhongshan model,the Deyang model,and the Liaoning model are representative.In the new stage,patent technology pledge financing has developed significantly compared with the old stage,which is reflected in more balanced and effective risk allocation mechanism,deep participation of government institutions in patent technology pledge financing business,and the transformation of the subject of risk undertaking from bank to government and insurance institutions.In terms of patent pledge financing development abroad,the United States,Japan and Germany advanced patent pledge financing development,according to the national conditions,market maturity,legal protection,etc.,developed a distinctive pattern of patent pledge financing,such as the federal small business administration mode,Japan's policy investment banking model,Germany risk model,and draw lessons from advanced experience is worth our research.Based on the comparative analysis of foreignadvanced experience and domestic models,it is found that there are some problems in the development of China's patent technology pledge financing model,such as the imperfection of relevant legal system,the strong leading role of the government,the weak marketization,and the titleness of patent pledge financing.Suggestions to improve the financing mode of patent technology pledge in China mainly include: the government should improve the system,build a platform,and promote the marketization of patent technology pledge financing;the enterprise must promote the patent technology content and optimize the loan strategy;banks should lower the threshold of patent technology pledge and strengthen the prevention and control of patent pledge risk;insurance institutions should design exclusive insurance products for patent pledge financing and improve risk control mechanism;other participants should improve their professional ability and share the risk of loan loss.