知识产权质押评估中风险因素的确定和量化研究

发布时间：2018-06-21 13:24

本文选题：知识产权 + 质押评估　；参考：《浙江财经大学》2014年硕士论文

【摘要】：随着无形资产质押在全国范围内的展开，各地区出现了不同的银行质押模式。知识产权质押融资贷款对于中小企业尤其是以科学技术为主导产品的企业的重要性毋庸置疑，由于资金周转相对困难，以企业所拥有的无形资产向银行质押贷款是当下中小企业和科技型企业解决资金问题的有效手段。但知识产权质押价值的确定一直是知识产权质押融资的一个重大瓶颈，知识产权质押评估难直接导致了银行贷款风险增加，从而使贷款的程序复杂化甚至拒绝贷款。而这其中的核心问题就是知识产权质押评估中风险因素的确定和量化问题。本文在已有文献的基础上，最大可能地总结了影响知识产权质押价值的风险因素，然后通过调查问卷和统计软件确定各风险影响因素对知识产权的影响程度，并建立风险因素与收益分成率的关系式得到收益分成率模型，运用收益法的基本思想，最终得到知识产权的质押价值。最后通过收益分成率模型在具体案例中的应用来论证其适用性。收益分成率模型建立在实证分析的基础之上，具有客观性，在案例中的具体应用也一定程度上证明了其可行性，具有一定的现实意义和实践意义。建立专家打分表使得评估事务所在确定知识产权的质押价值时可以借助不同学科的专业人员的知识，能够更真实更有效地评估知识产权的质押价值，此外，收益分成率模型的量化方法回避了现有质押率模型的缺陷。收益分成率是收益法中的基本指标，在确定了收益分成率后，只要再确定折现率和折现期限，便可运用收益法的思想来进行评估。收益法是资产评估三大传统方法之一，其基本思想已经非常成熟了。本文的主要创新点在于：第一，针对现有的研究方法无法对影响知识产权质押价值的具体风险因素做出可靠和客观的判断，本文通过SPSS软件，对影响知识产权质押价值的风险因素进行多元回归的实证分析，得到影响知识产权质押价值的风险因素体系，有较大的说服力。第二，现有的评估模型偏重通过对风险因素的数学分析，得到知识产权质押率指标，以此来计算评估值，本文通过对风险因素的分析构建专家打分表，，得到收益分成率指标，以此来计算评估值，借助各领域专家的专业意见，增大了评估值可靠性。收益分成率模型解决了评估人员在运用收益法对知识产权质押价值进行评估时对收益分成率的模糊估计，对收益法在知识产权质押价值评估中的创新运用做出贡献。
[Abstract]:With the development of immaterial assets pledge in the whole country, different bank pledge modes appear in different regions. The importance of intellectual property mortgage financing loans to small and medium-sized enterprises, especially those whose products are dominated by science and technology, is beyond doubt because of the relatively difficult flow of funds. Mortgage loans to banks with intangible assets owned by enterprises are the effective means to solve the capital problems of small and medium-sized enterprises and science and technology enterprises. However, the determination of the value of intellectual property pledge has always been a major bottleneck of intellectual property mortgage financing. The difficulty of intellectual property pledge evaluation directly leads to the increase of bank loan risk, thus complicating the loan process and even rejecting the loan. The core problem is the determination and quantification of risk factors in intellectual property pledge evaluation. Based on the existing literature, this paper summarizes the risk factors that affect the value of intellectual property pledge, and then determines the degree of influence of each risk factor on intellectual property rights by questionnaire and statistical software. The relationship between risk factors and income share rate is established to obtain the model of income share rate, and the pledge value of intellectual property is obtained by using the basic idea of income method. Finally, the application of the income share rate model in a specific case is demonstrated. Based on the empirical analysis, the revenue-sharing rate model is objective, and the concrete application in the case proves its feasibility to some extent, which is of practical and practical significance. The establishment of expert scoring forms enables assessment firms to use the knowledge of professionals in different disciplines to assess the pledge value of intellectual property rights in a more realistic and effective manner when determining the pledge value of intellectual property rights. The quantification method of the income share rate model avoids the defects of the existing pledge rate model. The income share rate is the basic index in the income method. After determining the income share rate, the discount rate and the discount period can be evaluated by using the income method thought as long as the discount rate and the discount period are determined. Income approach is one of the three traditional methods of asset evaluation, and its basic idea is very mature. The main innovations of this paper are as follows: first, the existing research methods can not make a reliable and objective judgment on the specific risk factors affecting the value of intellectual property pledge. An empirical analysis of the risk factors affecting the pledge value of intellectual property rights is carried out, and the system of risk factors affecting the pledge value of intellectual property rights is obtained, which is persuasive. Second, the existing evaluation models focus on the mathematical analysis of the risk factors, get the intellectual property pledge rate index to calculate the evaluation value, this paper constructs the expert score table through the risk factor analysis, and obtains the income share rate index. The evaluation value is calculated and the reliability of the evaluation value is enhanced by the professional advice of experts in various fields. The model of income share rate solves the fuzzy estimation of the income share rate when using the income method to evaluate the pledge value of intellectual property rights, and makes a contribution to the innovation and application of income method in the evaluation of intellectual property rights pledge value.
【学位授予单位】：浙江财经大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F273.1;F832.4

【参考文献】