臺灣智慧財產權證券化發展之研究

A Study on Taiwan of Securitization of Intellectual Property Rights Development

值此瞬息萬變之知識經濟時代，以智慧財產（專利、商標、營業秘密等）為核心的新創企業或個人，因智財權的獨特性與固有的價值影響因素，增加其進行證券化的複雜性與困難度。臺灣可參考海外近幾年興起且蓬勃發展的「智慧財產權證券化」成功經驗，以為臺灣推動智慧財產權證券化之借鑒。本文先對智慧財產權證券化作功能分析、流程分析、特殊性分析，再對智慧財產權證券化供給方（創始機構、仲介機構）及需求方（投資者），以問卷方式做意願分析，再分析臺灣實施智慧財產權證券化之可行性、障礙性、海外各項經驗借鑒（如：鑒價、法制基礎、適格資產、將來債權移轉及資產移轉是否真實、管理模式等等問題）；而後再對各項分析提出推行臺灣智慧財產權證券化實施條件之相關建議。希冀能藉由本文之探討，對臺灣將來發展智慧財產證券化有些許幫助及幫助。若能成功推展此種新興的金融商品，相信對臺灣金融市場的效率與自由化有正面評價，更能增加臺灣在國際金融上的知名度。

In the fast changing era of knowledge-driven economy, with the property of intelligence (patent, trade mark, secret of opening, etc.) It is central new wound enterprises or individuals, because the uniqueness of the ownership of property and inherent value influence factor intelligently, increase its complexity of carrying on the securitization and difficult degree. Taiwan can consult rising in recent years abroad and vigorous successful experience of 'the proprietary securitization of intelligence', thought Taiwan promoted the reference of the proprietary securitization of intelligence.This text turns the proprietary securities of intelligence into function analysis, procedure analysis, particularity analysis first, and then to the proprietary securitization supplier of intelligence (original organization, intermediary) And the demand is square (investors), Analysis make will by way of questionnaire, analyze Taiwan implement intelligence proprietary feasibility, obstacle of securitization, overseas every experience draw lessons from and then' for instance: Ancient bronze mirror price, legal system foundation, right dose of assetes, creditor's rights in future are transferred and the assets are transferred is questions such as true, management styles, etc.); And then and then put forward and pursue the relevant suggestions of implementing the condition of proprietary securitization of the intelligence of Taiwan on every analysis. Hope that can develop property securitization of intelligence to benefit and help to Taiwan in the future by the discussion of this text. If can succeed in promoting such new developing financial goods, believe that has positive appraisal on the efficiency and liberalization of the financial market of Taiwan, can increase the popularity on the international finance of Taiwan even more.