【作者】 杨扬；

【导师】 武魏巍；

【作者基本信息】 郑州大学 ， 金融学， 2012， 硕士

【摘要】 在我国调整产业结构、转变经济增长方式、建立创新型国家的背景下,高新技术企业的发展事关整个国家的经济命脉,但资金问题一直是制约高新技术企业发展的瓶颈。本文立足当前,结合数据说明我国高新技术企业目前主要以内源融资为主,获得的外源资金有限,企业的融资难题没有得到根本解决。虽然我国的融资环境与国外相比还有很大的差距,但确实是在不断的改善。如何在这种不断改善的环境下,利用高新技术企业自身的宝贵资源——知识产权,结合现有的融资渠道,创新操作性强的融资方式来解决高新技术企业资金短缺的问题具有重大的现实意义。本文在分析知识产权融资的可行性后,结合现有融资渠道总结了九种知识产权融资方式,根据高新技术企业不同成长周期阶段的融资特征,结合相应的融资理论,提出了企业在不同生命周期阶段的知识产权融资策略。文章进一步指出了目前知识产权融资在我国的开展情况,参照发达国家利用知识产权融资的成功经验,指出现阶段制约我国高新技术企业知识产权融资发展的因素,学习国外经验的同时立足我国的国情,对如何发展我国高新技术企业知识产权融资进行了思考,为知识产权融资相关政策的制定提供一定的理论参考。发展知识产权融资除了政府的主导和支持外,还需要金融机构、中介机构以及高新技术企业自身全方位、多层次的通力合作：政府职能的发挥除了体现在为高新技术企业知识产权融资提供一个良好的外部环境,还体现在为具体的知识产权融资方式提供政策上的支持；以银行为代表的金融机构要转变传统的经营理念,灵活创新业务,同时要注意风险的防范；知识产权评估机构要运用科学的评估方法,注重与其他机构的合作,并加强自身评估队伍的建设；高新技术企业自身除了加强对知识产权的保护,还要提高信息的透明度以及树立良好的企业形象。更多还原

【Abstract】 In the background of adjustment of China’s industrial structure, transformation of economic growth and establishment of an innovation-oriented country, the development of high-tech enterprises have important relations to the country’s economic lifeline, but it is restricted by the lack of money. This article bases on the current situation, combines with the data to show that the high-tech enterprise funds mainly come from China itself, and the external funds are limited in China. That is to say the financing problem has not been fundamentally resolved. Compare with the foreign financing environment, China still lags behind. But it has been constantly improved. It has more realistic significance that how to solve the shortage of the funds of high-tech enterprise with the valuable resources of the high-tech enterprises-intellectual property rights, the already existed financing channels and the innovative operable financing ways under the continuous improving financing environment.The author of this paper lists nine intellectual property financing ways with the analysis of the feasibility of intellectual property financing and the already existed financing channels. Combining the theory of financial growth cycle and characteristics, the author proposes the intellectual property financing strategy of high-tech enterprises in different stages specifically. The author of this article analyzes the situation of intellectual property financing carried out in China and points out the constraints that impact the development of China’s intellectual property financing in the current with the reference of the successful intellectual property financing experience of developed countries. In this paper, the author suggests that China should study the advanced experience of foreign countries bases on its national conditions to develop intellectual property financing. In addition to the guidance and support of the government, it also needs multi-level cooperation of financial institutions, intermediaries and high-tech enterprises to develop the high-tech intellectual property financing. The government not only provides a favorable financing environment, but also gives policy support for the high-tech enterprises’ intellectual property financing. Bank financial institutions should change the traditional business philosophy, innovate the services flexibly and always keep in mind the risk prevention. Intellectual property assessment organizations should use scientific assessment methods, cooperate with other agencies and strengthen the self-assessment team building. In addition to strengthen the protection of intellectual property, improve the transparency of information and establish a good enterprise image, the high-tech enterprises should also pay more attention to the choice of the strategies of intellectual property financing.更多还原