Valuation Of Patent Pledge Financing For Advanced Technology & Materials

Patent pledge financing is an emerging financing method,which is mainly suitable for technology-based small and medium-sized enterprises that can pledge legal and valid patent rights and have the ability to implement and make profits.It is an effective means to realize financing,which helps to reflect the value of patents and help the development of small and medium-sized enterprises.At present,local governments encourage commercial banks and other financial institutions to carry out intellectual property pledge financing.However,compared with the rapid growth of the number of patent rights granted each year,the number of patent rights used for pledge financing business is still very rare.The main reason for this is the high risk of patent pledge financing caused by the easy depreciation of patent rights and the indeterminacy of value,which hinders the accurate valuation of patent rights.Therefore,in order to reasonably evaluate the value of patent pledge financing and to carry out the pledge financing business smoothly,it is necessary to quantify relevant risk factors.In this context,this thesis chooses Advanced Technology & Materials which has many patents,as the research object.Advanced Technology & Materials requires a lot of capital investment,which is due to the high dependence of enterprises on patent rights,and the relatively long research and development cycle of its patented technology products,and its poor financial performance.First of all,this thesis analyzes the selection of patent pledge financing mode and value type,and patent pledge financing evaluation method in my country,which lays a theoretical foundation for the subsequent development.Then,by analyzing the development status of patent pledge financing in my country,sorting out the existing literature,and analyzing the characteristics of Advanced Technology & Materials’ own production and operation and the basic situation of patent rights,the sources and risk indicators of patent pledge financing of Advanced Technology & Materials are obtained,and the risk index of patent pledge financing of Advanced Technology & Materials is constructed system.Next,it uses the fuzzy analytical hierarchy process to calculate the index weight in the index system,and uses the fuzzy comprehensive evaluation method to evaluate the index risk,so as to obtain the pledge coefficient of Advanced Technology &Materials’ patent right pledge financing.Finally,it uses the income method to calculate the patent right under normal conditions,and combines the cash flow of the patent right with the pledge coefficient to obtain the financing value of Advanced Technology & Materials’ patent right pledge.In this thesis,when determining the weights of indicators,in view of the traditional analytical hierarchy process that it is difficult to obtain accurate values and that it is difficult to ensure the consistency of thinking when evaluating multiple indicators,the fuzzy analytical hierarchy process is introduced to carry out related calculations.In the risk evaluation of each index,the fuzzy comprehensive evaluation method is used to improve it,which reduces the errors caused by the randomness and subjectivity of traditional expert scoring,and makes the measurement results more reasonable.It is hoped that the above research can provide a reference for the evaluation of the patent pledge financing value of technology-intensive enterprises such as Advanced Technology & Materials,so that the evaluation results are closer to reality and reduce the uncertainty in the evaluation process.