专利质量与科技型企业专利质押融资还贷风险——基于中小板和创业板上市公司专利质押融资数据的实证研究  

Patent Quality and the Risk of Patent Pledge Financing and Loan Repayment for Technology-based Enterprises——An Empirical Study on Patent Pledge Financing Data of Listed Companies Based on SME Board and GEM Board

作　　者：陶勇 汪张林[1] 朱敏[1] TAO Yong;WANG Zhanglin;ZHU Min(School of Economics and Management,Anhui Polytechnic University,Wuhu 241000,China)

机构地区：[1]安徽工程大学经济与管理学院,安徽芜湖241000

出　　处：《安徽工程大学学报》2021年第5期80-88,共9页Journal of Anhui Polytechnic University

基　　金：安徽省高校人文社会科学重大基金资助项目(SK2018ZD008);安徽省高校人文社会科学研究重点基金资助项目(SK2020A0214)。

摘　　要：随着科技创新与产业变革,知识资本这一生产要素在科技型企业生产函数中所占的比重日益提高,以专利权等无形资产进行质押融资已成为企业战略规划和宏观经济政策制定的重点之一。研究基于2011~2020年科技型企业的专利质押融资数据,构建以技术、经济、法律3个维度的专利质量指标体系,实证分析专利质量与科技型企业融资还贷风险之间的关系。研究结果表明,专利的技术质量与经济质量对科技型企业专利质押融资的还贷风险有着显著的负向影响效应,但专利法律质量的影响效应却不显著。因此,在科技型企业获得专利质押融资贷款业务后应重点关注专利技术和经济层面的运营与管理。研究丰富了专利质量指标体系和专利质押融资模式方面的理论研究,同时对促进专利质押融资业务的进一步发展和科技型企业专利运营管理工作具有重要的现实意义。With technological innovation and industrial transformation,knowledge capital,a factor of production,accounts for an increasing proportion of the production function of technological enterprises.Pledge financing with intangible assets such as patent rights has become one of the key points of corporate strategic planning and macroeconomic policy formulation.Based on the patent pledge financing data of technology-based companies from 2011 to 2020,this paper constructs a patent quality indicator system with three dimensions of technology,economy,and law,and empirically analyzes the relationship between patent quality and technology-based companies'financing and loan repayment risks.It shows that the technical quality and economic quality of patents have a significant negative effect on the loan repayment risk of patent pledge financing of technology-based enterprises,but the effect of patent legal quality is not significant.Therefore,after a technology-based enterprise obtains the patent pledge financing loan business,it should focus on the operation and management of the patent technology and the economic level.The research enriches the theoretical research on the patent quality index system and patent pledge financing model,and at the same time has important practical significance for promoting the further development of patent pledge financing business and the patent operation management of technology-based enterprises.

关 键 词：科技型企业 专利技术质量 专利经济质量 专利法律质量 还贷风险 

分 类 号：G306[文化科学]