Association for Public Policy Analysis & Management

 Abstract： With the improvement and development of Chinese intellectual property rights environment protection, patent pledge is an important financial product for financing small and medium-sized enterprises.The State Intellectual Property Bureau, local governments, banks and the Guarantee Corporation cooperate with each other to carry out these works. Patent pledge financing developed rapidly in China from 2013 to 2015. The State Intellectual Property Bureau officially issued in 2016： “on submission of IPR pledge financing and patent insurance pilot demonstration, the policy will be carried out for a period of 3 years of the patent pledge financing and patent insurance pilot work in many parts of the country ”. This paper makes a detailed analysis of the research from 2013 to 2015, there were significant areas of patent pledge financing. The results showed the relationship between patent pledge and the degree of attention and economic degree of the local work carried out. Patent pledges and patent systems are closely related. To achieve a patent pledge, you need a patent system to promote patent pledges on enterprise innovation. The introduction of the right financial products to help SMEs grow is an important issue in China. Patent pledges operate mainly by corporate patent pledges for loans to financial institutions. Since 2008, patent pledges in China have developed rapidly. The patent pledge system is the core of the patent application  system and one of the important mechanisms for technological innovation. Based on the patent pledge system, China needs a patent pledge registration system, patent valuation, patent insurance system, patent system transfer, a patent auction system, and patent reform of the security system.