创新创业背景下科技型中小企业融资模式研究——基于知识产权质押贷款ABS模式的探讨  

Research on Financing Mode of Technology: based SMEs under the Background of Innovation and Entrepreneurship Based on the ABS Model of Intellectual Property Mortgage Loan

作　　者：齐岳 廖科智[4] 刘欣 冯筱瑢 Qi Yue;Liao Kezhi;Liu Xin;Feng Xiaorong(Center for Collaborative Innovation of Socialist Economy with Chinese Characteristics;Nankai University Base of the Research Center of the Theoretical System of Socialism with Chinese Characteristics in Tianjin;China Academy of Corporate Governance,Nankai University;Business School,Nankai University,Tianjin 300071,China)

机构地区：[1]中国特色社会主义经济建设协同创新中心 [2]天津市中国特色社会主义理论体系研究中心南开大学基地 [3]南开大学中国公司治理研究院 [4]南开大学商学院,天津300071

出　　处：《科技管理研究》2018年第18期127-132,共6页Science and Technology Management Research

基　　金：国家自然科学基金重点项目"现代社会治理的组织与模式研究"(71533002);教育部人文社会科学重点研究基地重大项目"资本市场改革与公司治理有效性"(16JJD630003)

摘　　要：基于科技型中小企业信用风险较高的问题,以科技银行信用风险管理为核心,结合投资组合选择的理论思想和近年来在国内逐步发展完善的资产证券化(ABS)的融资模式框架,创新性地提出了多主体联动、风险共担的知识产权质押贷款ABS模式,在详细分析其参与主体与运作流程的基础上,就ABS模式的风险分散原理进行阐释,为解决科技型中小企业融资难问题提供了新的思路。In order to solve the credit risk problem of technology-based SMEs,taking the credit risk management of bank of science and technology as the core,combined with the portfolio selection theory and the Asset-Based Securitization（ ABS） framework of the financing model in recent years in the domestic development,the paper innovatively proposed multi-agent linkage,risk sharing of intellectual property rights loan ABS model,based on detailed analysis of its participation and operational process. The dispersion principle explains the risk ABS model and provides a new way to solve SME financing problems.

关 键 词：知识产权质押 科技金融 信用风险 ABS模式 

分 类 号：F275.1[经济管理—企业管理]