The Financial Motivation Analysis On Intellectual Property Management

The world is in an information age with continuous knowledgeexpansion. People can‘t stop the pace to learn to follow the new world,the products and services provided by companies become more and moreinformation intensive and their technology and information become oneof the most important core competitiveness. Especially in high-techindustry, the companies‘intellectual property becomes the core advantageresources because of its high input, high-risk, high value-added andhigh-growth characteristics. The high-tech companies would use thedifferences strategies to capture the market opportunity and gain thecompetitive advantage through the high-quality and systematicalmanagement of intellectual property.The paper is base on the previous research theory of intellectualproperty management. A comprehensive and systematic method related toChinese high-tech listed companies was used to analysis the correlationbetween financial statement and intellectual property management, and made the following assumption-the company‘s financial statement has apositive-leg effect with the intellectual property management in Chinesehigh-tech listed companies. To verify the assumption, the study sampleselected from high-tech listed companies in Shanghai and Shenzhen stockexchange, including pharmaceuticals&biological products‘and computer services‘, the time spans2009-2010. The paper will selectcompanies‘financial ability of profitability, growth, cash flow and size asindependent variables, the average annual ownership of intellectualproperty as the dependent variable to establish the multiple linearregression model as the analysis tool.The result shows that the average annual ownership of intellectualproperty has a positive-lag effect with high-tech companies‘financialstatement; the average annual ownership of intellectual property also hasa positive-lag effect with high-tech companies‘size.