MOEA to establish IPRs valuation mechanism; Intangible assets may be used as collateral for loan

The domestic industrial development is moving toward the direction of knowledge-intensive.  To enable small- and medium-sized enterprises to successfully acquire bank loans, the Development Fund, Executive Yuan has set aside NT$50 billion to the small- and medium-sized enterprises rooting project, so as to help said enterprises acquire bigger loans from banks using IP rights and part of assets as collateral.  Also, the Ministry of Economic Affairs is to establish an official technology valuation mechanism by integrating the Bureau of Industrial Development, Department of Industrial Technology and Small and Medium Enterprise Administration, so that the intangible assets of an enterprise may be properly priced and thus used to lend capital from banks.  Or, the R&D result of an enterprise may be sold through the trading information platform constructed by the MOEA. 

China has established exchange houses respectively in Beijing, Shanghai and Tianjin, allowing its enterprises to publicly put their own technologies and patent rights on sale.  The trading volume last year reached up to RMB$20 billion.