메뉴 건너뛰기




Volumn , Issue , 2011, Pages 309-336

Patent-backed finance

Author keywords

[No Author keywords available]

Indexed keywords


EID: 84890598918     PISSN: None     EISSN: None     Source Type: Book    
DOI: 10.4337/9780857936516.00020     Document Type: Chapter
Times cited : (8)

References (59)
  • 1
    • 85005305538 scopus 로고
    • The market for "lemons": Quality, uncertainty, and the market mechanism
    • Akerlof, G.A. (1970), 'The market for "lemons": Quality, uncertainty, and the market mechanism', Quarterly Journal of Economics, 84, 488-500.
    • (1970) Quarterly Journal of Economics , vol.84 , pp. 488-500
    • Akerlof, G.A.1
  • 2
    • 84890739401 scopus 로고    scopus 로고
    • Managing IP Financial Assets
    • in Berman, B. (Eds.), New York, John Wiley & Sons, Inc
    • Arrow, A.K. (2002), 'Managing IP Financial Assets'. in Berman, B. (Eds.), From Ideas to Assets-Investing Wisely in Intellectual Property, New York, John Wiley & Sons, Inc , pp. 111-138.
    • (2002) From Ideas to Assets-Investing Wisely in Intellectual Property , pp. 111-138
    • Arrow, A.K.1
  • 4
    • 84896930624 scopus 로고
    • Firm resources and sustained competitive advantage
    • Barney, J. (1991), 'Firm resources and sustained competitive advantage', Journal of Management, 17(1), 99-120.
    • (1991) Journal of Management , vol.17 , Issue.1 , pp. 99-120
    • Barney, J.1
  • 5
    • 1142278777 scopus 로고    scopus 로고
    • Picking winners or building them? Alliance, intellectual, and human capital as selection criteria in venture financing and performance of biotechnology start-ups
    • Baum, J.A.C. and Silverman B.S. (2004), "Picking winners or building them? Alliance, intellectual, and human capital as selection criteria in venture financing and performance of biotechnology start-ups', Journal of Business Venturing, 19(3), 411-436.
    • (2004) Journal of Business Venturing , vol.19 , Issue.3 , pp. 411-436
    • Baum, J.A.C.1    Silverman, B.S.2
  • 6
    • 0001202725 scopus 로고    scopus 로고
    • The economics of small business finance: The roles of private equity and debt markets in the financial growth cycle
    • Berger, A.N. and Udell, G.F. (1998), 'The economics of small business finance: The roles of private equity and debt markets in the financial growth cycle', Journal of Banking and Finance, 22, 613-673.
    • (1998) Journal of Banking and Finance , vol.22 , pp. 613-673
    • Berger, A.N.1    Udell, G.F.2
  • 7
    • 84993012736 scopus 로고    scopus 로고
    • The use of intellectual property as security for debt finance
    • Bezant, M. (1998), 'The use of intellectual property as security for debt finance', Journal of Knowledge Management, 1(3), 237-263.
    • (1998) Journal of Knowledge Management , vol.1 , Issue.3 , pp. 237-263
    • Bezant, M.1
  • 8
    • 0004121109 scopus 로고
    • Venture Capital at the Crossroads
    • Boston: Harvard Business School Press
    • Bygrave, W.D. and Timmons, J.A. (1992), Venture Capital at the Crossroads. Boston: Harvard Business School Press.
    • (1992)
    • Bygrave, W.D.1    Timmons, J.A.2
  • 9
    • 0036175557 scopus 로고    scopus 로고
    • Capital market imperfections, hightech investment, and new equity financing
    • Carpenter, R.E. and Petersen, B.C. (2002), 'Capital market imperfections, hightech investment, and new equity financing', The Economic Journal, 112(477), F54-F72.
    • (2002) The Economic Journal , vol.112 , Issue.477
    • Carpenter, R.E.1    Petersen, B.C.2
  • 10
    • 58249096791 scopus 로고    scopus 로고
    • Patents, thickets and the financing of early-stage firms: Evidence from the software industry
    • NBER Discussion Paper. No. 13644
    • Cockburn, I. and MacGarvie, M. (2007), 'Patents, thickets and the financing of early-stage firms: Evidence from the software industry', NBER Discussion Paper. No. 13644.
    • (2007)
    • Cockburn, I.1    MacGarvie, M.2
  • 11
    • 33748884958 scopus 로고    scopus 로고
    • Secured Financing of Intellectual Property Assets and the Reform of English Personal Property Security Law
    • Davies I. (2006), 'Secured Financing of Intellectual Property Assets and the Reform of English Personal Property Security Law', Oxford Journal of Legal Studies, 26(3), 559-583.
    • (2006) Oxford Journal of Legal Studies , vol.26 , Issue.3 , pp. 559-583
    • Davies, I.1
  • 12
    • 84890584103 scopus 로고    scopus 로고
    • Raising finance through IP
    • in Jolly, A. and Philipott, J. (eds.), London, Kogan Page
    • Dunlop, H. (2007), 'Raising finance through IP', in Jolly, A. and Philipott, J. (eds.) 'The Handbook of European Intellectual Property', London, Kogan Page.
    • (2007) The Handbook of European Intellectual Property
    • Dunlop, H.1
  • 13
    • 84890578169 scopus 로고    scopus 로고
    • Patent Backed Securitization: Blueprint for a New Asset Class
    • Gerling NCM Credit Insurance publication
    • Edwards, D. (2001), 'Patent Backed Securitization: Blueprint for a New Asset Class', Gerling NCM Credit Insurance publication.
    • (2001)
    • Edwards, D.1
  • 14
    • 84890741960 scopus 로고    scopus 로고
    • New Patent Issue: BioPharma Royalty Trust
    • in Berman, B. (eds.), New York, John Wiley & Sons, Inc
    • Fischer, B.H. (2002), 'New Patent Issue: BioPharma Royalty Trust'. in Berman, B. (eds.), From Ideas to Assets-Investing Wisely in Intellectual Property, New York, John Wiley & Sons, Inc , pp. 485-495.
    • (2002) From Ideas to Assets-Investing Wisely in Intellectual Property , pp. 485-495
    • Fischer, B.H.1
  • 15
    • 84890600383 scopus 로고    scopus 로고
    • Securitization of IP Royalty Streams: Assessing the Landscape
    • Technology Access Report, September
    • Fishman, E. (2003), 'Securitization of IP Royalty Streams: Assessing the Landscape', Technology Access Report, September 2003, 6-7.
    • (2003) , vol.2003 , pp. 6-7
    • Fishman, E.1
  • 16
    • 84890666411 scopus 로고    scopus 로고
    • Intellectual property in financial contracts
    • Diploma Thesis
    • Frank, D. (2005), 'Intellectual property in financial contracts', Diploma Thesis.
    • (2005)
    • Frank, D.1
  • 18
    • 0036990928 scopus 로고    scopus 로고
    • When does start-up innovation spur the gale of creative destruction?
    • Gans, J.S., Hsu, D.H. and Stern, S. (2002), 'When does start-up innovation spur the gale of creative destruction?', RAND Journal of Economics, 33, 571-586.
    • (2002) RAND Journal of Economics , vol.33 , pp. 571-586
    • Gans, J.S.1    Hsu, D.H.2    Stern, S.3
  • 19
    • 0003629016 scopus 로고    scopus 로고
    • The Venture Capital Cycle
    • MIT Press, Cambridge
    • Gompers, P. and Lerner, J. (1999), The Venture Capital Cycle. MIT Press, Cambridge.
    • (1999)
    • Gompers, P.1    Lerner, J.2
  • 21
    • 0000372860 scopus 로고
    • Patent statistics as economic indicators: A survey
    • Griliches, Z. (1990), 'Patent statistics as economic indicators: A survey', Journal of Economic Literature, 28, 1661-1707.
    • (1990) Journal of Economic Literature , vol.28 , pp. 1661-1707
    • Griliches, Z.1
  • 22
    • 45949083294 scopus 로고    scopus 로고
    • The financing of innovation
    • In: Shane, S. (Eds.) Blackwell Publishers, Oxford
    • Hall, B.H. (2005), 'The financing of innovation'. In: Shane, S. (Eds.) Handbook of technology and innovation management. Blackwell Publishers, Oxford.
    • (2005)
    • Hall, B.H.1
  • 23
    • 0001093103 scopus 로고    scopus 로고
    • Technology policy for a world of skewdistributed outcomes
    • Harhoff , D. and Scherer, F.M. (2000), 'Technology policy for a world of skewdistributed outcomes', Research Policy, 29, 559-566.
    • (2000) Research Policy , vol.29 , pp. 559-566
    • Harhoff, D.1    Scherer, F.M.2
  • 24
    • 84890744455 scopus 로고    scopus 로고
    • The role of patents for VC financing
    • Paper presented at the Babson College Entrepreneurship Research Conference (BCERC) 2008
    • Haussler, C., Harhoff , D. and Muller, E. (2008), 'The role of patents for VC financing', Paper presented at the Babson College Entrepreneurship Research Conference (BCERC) 2008.
    • (2008)
    • Haussler, C.1    Harhoff, D.2    Muller, E.3
  • 25
    • 84890629544 scopus 로고    scopus 로고
    • Aberlyn Capital Management: July 1993
    • HBS case no 9-294-083
    • HBS case no 9-294-083, (1997), 'Aberlyn Capital Management: July 1993'.
    • (1997)
  • 26
    • 85039794117 scopus 로고    scopus 로고
    • The Patent & License Exchange: Enabling a Global IP Marketplace
    • HBS case no 9-601-019, (200)
    • HBS case no 9-601-019, (200),'The Patent & License Exchange: Enabling a Global IP Marketplace'.
  • 27
    • 0013118760 scopus 로고    scopus 로고
    • Venture capital and the professionali zation of start-up firms: Empirical evidence
    • Hellmann, T. and Puri, M. (2002), 'Venture capital and the professionali zation of start-up firms: Empirical evidence', The Journal of Finance, 57(1), 169-197.
    • (2002) The Journal of Finance , vol.57 , Issue.1 , pp. 169-197
    • Hellmann, T.1    Puri, M.2
  • 28
    • 61849085049 scopus 로고    scopus 로고
    • Securitization of Intellectual Property: Recent Trends from the United States
    • Working Paper, Washington CORE
    • Hillery, J.S. (2004), 'Securitization of Intellectual Property: Recent Trends from the United States', Working Paper, Washington CORE.
    • (2004)
    • Hillery, J.S.1
  • 29
    • 34249320473 scopus 로고    scopus 로고
    • Experienced entrepreneurial founders, organizational capital, and venture capital funding
    • Hsu, Y. (2007), 'Experienced entrepreneurial founders, organizational capital, and venture capital funding', Research Policy, 36(5), 722-741.
    • (2007) Research Policy , vol.36 , Issue.5 , pp. 722-741
    • Hsu, Y.1
  • 30
    • 67749098200 scopus 로고    scopus 로고
    • Patents as quality signals for entrepreneurial ventures
    • Paper presented at the DRUID Summer Conference 2007
    • Hsu, Y. and Ziedonis, R.H. (2007), 'Patents as quality signals for entrepreneurial ventures', Paper presented at the DRUID Summer Conference 2007.
    • (2007)
    • Hsu, Y.1    Ziedonis, R.H.2
  • 31
    • 84890575449 scopus 로고    scopus 로고
    • Securitization of Intellectual Property as a Funding Alternative
    • Master thesis
    • Kirsh A., (2005), 'Securitization of Intellectual Property as a Funding Alternative', Master thesis.
    • (2005)
    • Kirsh, A.1
  • 32
    • 77954516553 scopus 로고
    • Knowledge of the firm, combinative capabilities, and the replication of technology
    • Kogut B. and Zander, U. (1992), 'Knowledge of the firm, combinative capabilities, and the replication of technology', Organization Science, 3, 383-397.
    • (1992) Organization Science , vol.3 , pp. 383-397
    • Kogut, B.1    Zander, U.2
  • 33
    • 0034553083 scopus 로고    scopus 로고
    • Assessing the contribution of venture capital to innovation
    • Kortum, S. and Lerner J. (2000), 'Assessing the contribution of venture capital to innovation', RAND Journal of Economics. 31(4), 674-692.
    • (2000) RAND Journal of Economics , vol.31 , Issue.4 , pp. 674-692
    • Kortum, S.1    Lerner, J.2
  • 34
    • 33750294182 scopus 로고    scopus 로고
    • Impact of licensing on investment and financing of technology development
    • Kulatilaka, N. ands Lin, L. (2006), 'Impact of licensing on investment and financing of technology development', Management Science, 52(12), 1824-1837.
    • (2006) Management Science , vol.52 , Issue.12 , pp. 1824-1837
    • Kulatilaka, N.1    Lin, L.2
  • 35
    • 0000140435 scopus 로고
    • Informational asymmetries, financial structure, and financial intermediation
    • Leland, H.E. and Pyle, D.H. (1977), 'Informational asymmetries, financial structure, and financial intermediation', Journal of Finance, 32, 371-87.
    • (1977) Journal of Finance , vol.32 , pp. 371-387
    • Leland, H.E.1    Pyle, D.H.2
  • 36
    • 21344491476 scopus 로고
    • The importance of patent scope: An empirical analysis
    • Lerner, J. (1994), 'The importance of patent scope: An empirical analysis', RAND Journal of Economics, 25, 319-333.
    • (1994) RAND Journal of Economics , vol.25 , pp. 319-333
    • Lerner, J.1
  • 37
    • 0003850008 scopus 로고    scopus 로고
    • Intangibles: Management, measurement and reporting
    • Washington, DC: Brookings Institution Press
    • Lev, B. (2001), Intangibles: Management, measurement and reporting. Washington, DC: Brookings Institution Press.
    • (2001)
    • Lev, B.1
  • 38
    • 67649921427 scopus 로고    scopus 로고
    • Managing liquidity in research-intensive firms: Signaling and cash flow eff ects of patents and alliance activities
    • Levitas, E. and Mcfadyen, A. (2009), 'Managing liquidity in research-intensive firms: Signaling and cash flow eff ects of patents and alliance activities', Strategic Management Journal, 30, 659-678.
    • (2009) Strategic Management Journal , vol.30 , pp. 659-678
    • Levitas, E.1    Mcfadyen, A.2
  • 39
    • 57349085359 scopus 로고    scopus 로고
    • Europe's first patent value fund
    • December/January
    • Lipfert, S. and von Scheff er, G. (2006), 'Europe's first patent value fund', Intellectual Asset Management, December/January 2006, 15-18.
    • (2006) Intellectual Asset Management , vol.2006 , pp. 15-18
    • Lipfert, S.1    Von Scheffer, G.2
  • 40
    • 84890652984 scopus 로고    scopus 로고
    • Beyond the GAAP
    • . Regulation
    • Litan, R. and Wallison, P. (2003), Beyond the GAAP. Regulation.
    • (2003)
    • Litan, R.1    Wallison, P.2
  • 41
    • 84890663560 scopus 로고    scopus 로고
    • Patent Valuation at IP Bewertungs AG (IPB)
    • Working paper,
    • Loop, D., von Scheff er, G. and Lipfer, S. (2005), 'Patent Valuation at IP Bewertungs AG (IPB)', Working paper, http://www.wipo.int/sme/en/documents/patent_valuation.htm.
    • (2005)
    • Loop, D.1    Von Scheffer, G.2    Lipfer, S.3
  • 42
    • 84890597991 scopus 로고    scopus 로고
    • Intellectual property securitization: a new asset class for Japan?
    • Client note
    • Lovells, (2002), Intellectual property securitization: a new asset class for Japan?' Client note.
    • (2002)
    • Lovells1
  • 43
    • 33646270371 scopus 로고
    • Criteria used by venture capitalists to evaluate new venture proposals
    • MacMillan, I.C., Siegel, R. and Narasimha, P.N.S. (1985), 'Criteria used by venture capitalists to evaluate new venture proposals', Journal of Business Venturing, 1(1), 119-128.
    • (1985) Journal of Business Venturing , vol.1 , Issue.1 , pp. 119-128
    • MacMillan, I.C.1    Siegel, R.2    Narasimha, P.N.S.3
  • 44
    • 85039796498 scopus 로고    scopus 로고
    • Venture Investment Grounded in Intellectual Capital
    • in Berman, B. From Ideas to Assets, John Wiley and Sons, New York
    • Malackowski, J.E. and Wakefield, D.I. (2002), 'Venture Investment Grounded in Intellectual Capital', in Berman, B. From Ideas to Assets. Investing Wisely in Intellectual Property. John Wiley and Sons, New York.
    • (2002) Investing Wisely in Intellectual Property
    • Malackowski, J.E.1    Wakefield, D.I.2
  • 45
    • 33846889536 scopus 로고    scopus 로고
    • Patents, venture capital and software startups
    • Mann, R.J. and Sager, T.W. (2007), 'Patents, venture capital and software startups', Research Policy, 36, 193-208.
    • (2007) Research Policy , vol.36 , pp. 193-208
    • Mann, R.J.1    Sager, T.W.2
  • 46
    • 84890709895 scopus 로고    scopus 로고
    • Collateral for Securitization or Lending
    • The secured lender
    • Martin, D. and Drews, D.C. (2005), 'Collateral for Securitization or Lending', The secured lender.
    • (2005)
    • Martin, D.1    Drews, D.C.2
  • 47
    • 84890608549 scopus 로고    scopus 로고
    • Intangible Collateral and the Financing of Innovation
    • Working Paper
    • McFetridge, D.G. (2001), 'Intangible Collateral and the Financing of Innovation'. Working Paper.
    • (2001)
    • McFetridge, D.G.1
  • 48
    • 44449126599 scopus 로고    scopus 로고
    • Venture Capital and the Finance of Innovation
    • John Wiley & Sons
    • Metrick, A. (2006), Venture Capital and the Finance of Innovation. John Wiley & Sons.
    • (2006)
    • Metrick, A.1
  • 49
    • 84890637866 scopus 로고    scopus 로고
    • Do venture capitalists have a bias against investment in academic spinoff s? Evidence from the micro and nanotechnology sector in the UK
    • Industrial and Corporate Change, forthcoming
    • Munari, F. and Toschi, L. (2010), 'Do venture capitalists have a bias against investment in academic spinoff s? Evidence from the micro and nanotechnology sector in the UK', Industrial and Corporate Change, forthcoming.
    • (2010)
    • Munari, F.1    Toschi, L.2
  • 50
    • 77649342254 scopus 로고    scopus 로고
    • How good are VCs at valuing technology? An analysis of patenting and VC investments in nanotechnology
    • Best paper proceedings of the Academy of Management Conference, Anaheim, CA
    • Munari, F. and Toschi, L. (2008), 'How good are VCs at valuing technology? An analysis of patenting and VC investments in nanotechnology', Best paper proceedings of the Academy of Management Conference, Anaheim, CA.
    • (2008)
    • Munari, F.1    Toschi, L.2
  • 51
    • 0012164390 scopus 로고
    • Have UK venture capitalists a bias against investment in new technology-based firms?
    • Murray, G. and Lott, J. (1995), 'Have UK venture capitalists a bias against investment in new technology-based firms?', Research Policy, 24, 283-299.
    • (1995) Research Policy , vol.24 , pp. 283-299
    • Murray, G.1    Lott, J.2
  • 52
    • 16144366246 scopus 로고    scopus 로고
    • Trade-off s in the investment decisions of European venture capitalists
    • Muzyka, D., Birley, S. and Leleux, B. (1996), 'Trade-off s in the investment decisions of European venture capitalists', Journal of Business Venturing, 11, 273-287.
    • (1996) Journal of Business Venturing , vol.11 , pp. 273-287
    • Muzyka, D.1    Birley, S.2    Leleux, B.3
  • 53
    • 0009993525 scopus 로고
    • A dynamic theory of organizational knowledge creation
    • Nonaka, I. (1994), 'A dynamic theory of organizational knowledge creation', Organization Science, 5(1), 14-37.
    • (1994) Organization Science , vol.5 , Issue.1 , pp. 14-37
    • Nonaka, I.1
  • 54
    • 0001445105 scopus 로고    scopus 로고
    • Navigating the Patent Thicket: Cross Licenses, Patent Pools, and Standard Setting
    • Shapiro, C. (2000), 'Navigating the Patent Thicket: Cross Licenses, Patent Pools, and Standard Setting', Innovation Policy and the Economy, 1, 119-150.
    • (2000) Innovation Policy and the Economy , vol.1 , pp. 119-150
    • Shapiro, C.1
  • 55
    • 84890654485 scopus 로고    scopus 로고
    • Securitization can be a goldmine for IP owners
    • January 2004
    • Throckmorton, R. (2004), 'Securitization can be a goldmine for IP owners', Intellectual Asset Management, January 2004.
    • (2004) Intellectual Asset Management
    • Throckmorton, R.1
  • 56
    • 0021500315 scopus 로고
    • A model of venture capitalist investment activity
    • Tyebjee, T.T. and Bruno, A.V. (1984), 'A model of venture capitalist investment activity', Management Science, 30(9), 1051-1066.
    • (1984) Management Science , vol.30 , Issue.9 , pp. 1051-1066
    • Tyebjee, T.T.1    Bruno, A.V.2
  • 57
    • 84890767802 scopus 로고    scopus 로고
    • The financing of innovative activities by banking institutions: policy issues and regulatory options
    • in B. Laperche and D. Uzunidis (Eds.), Palgrave Macmillan
    • Ughetto, E. (2008), 'The financing of innovative activities by banking institutions: policy issues and regulatory options', in B. Laperche and D. Uzunidis (Eds.), Powerful finance and innovation trends in a high-risk economy, Palgrave Macmillan.
    • (2008) Powerful finance and innovation trends in a high-risk economy
    • Ughetto, E.1
  • 58
    • 84890660996 scopus 로고    scopus 로고
    • Liquidity in the IP space-an overview
    • Intellectual Asset Management April/May
    • Walsh P. and Cohen G. (2007), 'Liquidity in the IP space-an overview', Intellectual Asset Management April/May 2007, 87-92.
    • (2007) , vol.2007 , pp. 87-92
    • Walsh, P.1    Cohen, G.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.