Full Description
Economic development increasingly depends to a large extent on innovation. Innovation is generally covered by intellectual property (IP) rights and usually requires extensive funding. This book focuses on IP and debt financing as a tool to meet this demand. This book clarifies the situation of the use of IP as collateral in practice through a survey conducted in Japan on IP and debt financing. Various obstacles in the proper use IP and debt financing are identified, and some projects to facilitate its use are illustrated. IP and debt on a global scale, either by attracting foreign lenders or by collateralizing foreign IP rights, needs appropriate private international laws. This book analyzes such regulations in which the United Nations Commission on International Trade Law (UNCITRAL) has worked, paying due attention to the law of finance and insolvency law, as well as IP laws. However, further analysis is needed to identify under what conditions such solutions would show optimal effects. This book offers comprehensive analysis from an economic point of view.
Contents
1 IP and Debt Finance in Practice (Tadashi SHIMIZU).- 2 IP and Debt Finance: New Trends (Janis DENONCOURT).- 3 IP and Debt Finance: Cross-Border Considerations (Toshiyuki KONO & Claire W. CHENG).- 4 Security Interests in IP and the UNCITRAL Legislative Guide (Spyridon BAZINAS).- 5 A Functional Analysis of Security Interests in IP: Toward an Efficient Use of IP Collateral (Toshiyuki KONO / Kazaki KAGAMI).- Index.
