Discussion on Intellectual Property Securitization of High and New Enterprises

Large amount of capita1 is required to pour into the development process of high and new enterprises.Yet traditiona1 financing channels are far from satisfying the demand.Intellectual property securitization has grown up in the United States, Japan, Europe and other developed countries for several years.It is pursuing the diplex innovation of the mode exploiting the intellectual property right value and the pattern raising the capital.It is a kind of brand-new financing tool of high and new enterprises.This paper demonstrates the feasibility and operation of intellectual property securitization in China, and puts forward the relevant legislative and policy recommendations.