CAJ | 학술논문

科技型企业因其自主创新能力，相较其他企业拥有明显的知识产权资源优势。充分利用知识产权的融资价值既是科技型企业弥补资金缺口的一种融资工具，也是顺应国家金融政策导向的一种融资方式。针对当前科技型企业知识产权融资面临的困境，基于系统动力学（SD）原理和方法，从结构－行为视角对知识产权质押融资过程进行 SD 建模，旨在揭示融资过程中各个因素间的反馈关系和内在机理，模拟分析其动态行为模式。以期对发展我国方兴未艾的知识产权质押融资市场提供理论依据和政策参考价值。
과기형기업인기자주창신능력，상교기타기업옹유명현적지식산권자원우세。충분이용지식산권적융자개치기시과기형기업미보자금결구적일충융자공구，야시순응국가금융정책도향적일충융자방식。침대당전과기형기업지식산권융자면림적곤경，기우계통동역학（SD）원리화방법，종결구－행위시각대지식산권질압융자과정진행 SD 건모，지재게시융자과정중각개인소간적반궤관계화내재궤리，모의분석기동태행위모식。이기대발전아국방흥미애적지식산권질압융자시장제공이론의거화정책삼고개치。
For the capability of independent innovation,sci -tech enterprises have obvious intellectual resources advanta-ges compared to other traditional kinds of companies.Making full use of the value of intellectual property by financing,is not only a financing tool for sci -tech enterprises to bridge the funding gap,but also a financing form that conforms to our country’s financial policy.In connection with intellectual property financing difficulties faced by current sci -tech enter-prises,this study constructs three models from the structure -behavioral perspective using system dynamics (SD)princi-ples,through which relationships of various factors in intellectual property pledge financing process and their internal feed-backs are revealed.By simulating,dynamic behavior patterns on different strategies are investigated.This study provides theoretical basis and policy reference for China's emerging intellectual property pledge financing market.