Expertise Called for in IP-collateralized Loans

2019/11/21

Using IP sets as collateral for loans requires strategic and innovative IP operation between companies and financial institutions, business insiders said.
 
The burgeoning real economy has led factors of production and markets to change drastically in China over the past years.
 
Zhu Mingang, chairman of the Intellectual Property Publishing House, made the comments during a sub-forum revolving around the innovative development of IP-collateralized financing at the fourth Zijin International IP Summit earlier this month in Nanjing, capital of East China's Jiangsu province.
 
Official data showed that in the first half of 2019, the total amount of loans using patents or trademarks as collateral reached 58.35 billion Yuan (USD 8.32 billion), an increase of 2.5 percent year-on-year. The number of IP-collateralized projects was 3,086, an increase of 21.6 percent year-on-year.
 
Jihoon Kim, chief consultant of IP management company CPA Global's Asia-Pacific region, said IP-collateralized financing has become an everyday practice.
 
Clean data is a must for IP analytics platforms to work properly, Kim said.
 
Source: China Daily