Research On Patent Pledge Financing Of Technology Company A

In the context of the national implementation of the strategy of invigorating China through science and education and the intellectual property,China encourages SMEs(Small and Mediumsized Science and Technology Enterprises)to carry out pledge financing,especially patent pledge financing,and hopes SMEs to get out of the funding shortage through independent innovation.However,in the current pilot cities in China,the problems of difficult valuation of intellectual property rights and high loan risks have led to low participation by banks.This article selects the technology-based SME A as the research object.In the theoretical part,through combing the relevant theories of pledge financing and various patent pledge models at home and abroad,the characteristics of various pledge models are analyzed from multiple perspectives.In the case study part,it combed the basic situation of company A internally and the external industry in detail,analyzed the current problems and causes of company A’s financing,and combined with the research issues of this article,it explained the adoption of company A from the two aspects of macro policy and enterprise qualification The feasibility of obtaining patent pledge to obtain financing.The macro policy is mainly to read the relevant documents on patent pledge financing in Yantai,while the corporate qualification part relies on the analysis of corporate financial reports to ensure that company A is qualified to apply for loans.Then,combined with the analysis of the theoretical part,design the implementation plan and guarantee system of company A’s patent pledge financing,and make corresponding plans from the five aspects of financing mode,process,terms,valuation and risk protection.Finally,after an analysis of the entire case,from the perspective of the enterprise,this article suggests how the enterprise can better participate in patent pledge financing.The entire paper concludes:China’s current pledge financing model is mainly supported by the government,but it needs to gradually strengthen market participation;patent rights have financial attributes,and technologybased companies need to be good at using them;The point is the company’s own operational capabilities,patent quality and reducing information asymmetry.Hope this article as an exploratory case can provide a good loan channel for technology-based SMEs with difficult financing.