| This Thesis focuses on the difficulties and solutions regarding intellectual property (IP) transactions. High transaction costs and low exchange values in the context of sporadic trades and massive IP availability constitute a hurdle when a country seeks to realize the full potential of knowledge and innovation as part of its development strategy. The purpose of this Thesis is to address these challenges and to contribute to achieving workable solutions.;This Thesis is based on a survey of China's economic situation, IP institutional system, IP application development, and the status of IP transaction. To move forward, it puts forward the following research questions: "What are the suitable mechanisms of IP transaction to reduce transaction costs and maximize exchange value? And, how should we optimize the mechanisms to solve the dilemma of IP transaction?".;Also, the Thesis develops conceptual discussion of IP transactions consisting of transaction subjects, objects and processes. This perspective is compatible with practical requirements and recent theoretical advances. Issues on the take-off and trends of IP transactions in China are reviewed, and requirements on IP tradability, transaction pattern and evaluation are analyzed.;This Thesis implements empirical research of trademark transactions, studies case study information on IP platforms, and analyzes the factors influencing trademark transaction price. A rich array of experience regarding patent transaction mechanisms is summarized.;Finally, this Thesis argues that a feasible detailed solution can be designed, named "O3" IP transaction mechanism. Three strands of policy suggestions are given to enhance IP transactions by optimizing transaction mechanisms. |
