Shanghai IP trade center set up

2009/10/13

In order to quicken the capitalization and industrialization of the S&T achievements, Shanghai is putting its best foot forward in the IP pledge financing. On October 11, Shanghai Intellectual Property Trade Center, actually operated by Shanghai United Assets and Equity Exchange, was formally opened, which will offer evaluation, transferring and other functional platforms for the intellectual property pledge financing.

It is learnt that, an investment and financing service chain for scientific and technical small and mediate sized enterprises (SME) has been formed in Shanghai equity market after several years’ development, including share trusteeship, share pledge, financing guarantee, investment alliance, and other four aspects, gathering together a large batch of banks and various investment institutions and funds.

Trading for the intellectual property rights in Shanghai market is becoming more and more active, and from 2008 to 2009, the volume of business for intellectual property rights exceeded 10 billions yuan for Shanghai market. For the first 9 months this year, Shanghai United Assets and Equity Exchange got 10% increase with respect to the volume of business for intellectual property rights, comparing to the same period last year.

At the “2009 Science & Technology and Finance Innovation Forum” hold simultaneously, many experts believed that S&T innovation needs the back up of finance, and S&T in turn drives the finance innovation forward, so we should think more about the construction of the multi-layered industrialized investment and finance platform for S&T innovation industry.
                                                                                                Source: IPR in China