Financial Services on Intellectual Property

and SME’ Development

Lei Xiaoyun Sep 5th, 2011

1, The importance of promoting financial services on intellectual property for SME

2, The status of financial services on intellectual property for SME

3, Main problems of financial services on intellectual property for SME

4, The outlook of financial services on intellectual property for SME

Agenda

1, The Importance of promoting financial services on Intellectual Property for SME

Calling on changes of the economic growth mode The old mode hinders the economic growth in China. The current domestic demand is relatively small and can not stimulate the

economy.

Approach of Commercialization of Innovation A need to establish a support system in China, which could promote and

protect the commercialization of intellectual property Many gaps existing on the innovative investments, intellectual property and

capital operation

Inevitable choice of modern service industry Management of intangible assets, develop process of service chain: offer

license, transfer, impawn, financial contribution, venture capital, securitization, value analysis and evaluation

Modern service industry represents the direction of its future development.

2, The Status of financial services on SME’ Intellectual Property 1/2

Building a financial service system of intellectual property for SME according to relevant policies • Holding national meeting about pledge financing of intellectual

property right• Issuing the Notice about the pledge financing and evaluation

management of intellectual property right, support the development of SME

• Implementing of the revised Registration and Administration of patent rights pledge

Beginning with pilot projects in a bid to improve financial services on intellectual property for SME• Intensify the pilot projects on the pledge financing of intellectual

property for SME• Improve the communication and value analysis of intellectual

property for SME• Strengthen the investigation and evaluation of intellectual property

for SME

2, The status of financial services on SME’ s Intellectual Property 2/2

Cooperation with bank system, expanding the financial services of intellectual property for SME• Establishing comprehensive strategic relationship with the

Communication Bank and building normalized docking mechanism

• Supporting the Communication Bank to carry out financial services of intellectual property for SME, and to optimize the products, service and business

3, Main problems of financial services on Intellectual Property for SME

Shortage of Policies• Policy-making: absence fault and dislocation • Policy implementation and supervision: blunder and poor operability• Ineffective result because of no systematic planning

Constraints and Risks • Specialty, complexity and value of intellectual property• Poor disposal channel, difficult to control risk

Immature market • The market of intellectual property rights is immature • Dislocation, unclear target and mono transaction mode• Difficulty on value assessment of intellectual property

4, The outlook of financial services on Intellectual Property for SME 1/2

To build a service system for Innovation• Problems at the policy-making: absence, fault and dislocation• Mistakes at policy implementation and supervision: blunder and poor

operability• Main reason of ineffective operation: lack of systematic planning

To improve the system of risk controlling• To explore and establish multi-solutions to the financial risks of

intellectual property pledge • To improve the examination system about finance business of

intellectual property rights pledge and the personnel exemption system

• To encourage the establishment the risk compensation foundation of intellectual property right pledge

• To guide and assist financial services' institution to dispose collaterals

4, The Outlook of financial services on Intellectual Property for SME 2/2

The establishment of market mechanisms• Gradually establish national market of intellectual Property, making

regulations of transaction• Encourage intermediaries, standardization of services • Innovation on the transfer channels of intellectual Property right

pledge business

Strengthen pilot guidance • Improve dynamic investigation and assessment of intellectual property • Experiments and pilot work on comprehensive experimental zone of

intellectual Property pledge finance and investment

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