The institutionality of intellectual property securitization-- a Philippine perspective

• Main Authors: Bonifacio, Ma. Patricia Therese C., Wisden, Russell O.
• Format: text
• Language: English
• Published: Animo Repository 2014
• Subjects: Intellectual property > Philippines
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/5620
• Institution: De La Salle University

In the developing knowledge-based economy today, the importance of the creations that has stemmed out of the human's mind has been widely recognized and given attention to. Aside from the rights that are conferred to the creators of intellectual property, these intangible assets are a gear that drives nation building. The full potentials of intellectual property has been testing its waters in the international field for some time already. However, locally, the use of the same is still at its basic level. To further the capabilities of intellectual property, this study aims to seek whether the same practice of using intellectual property as a security in foreign countries would be applicable as well in the Philippines.Different forms of intellectual property such as copyright, trademarks and patents are treated differently. The treatment of using of the same as financial instrument is not less like the treatment of these intellectual properties in how they are viewed today. Within this research, the use of copyright, trademarks and patents as securities in the Philippines have found to be applicable and concurrent with the existing laws initially made for traditional tangible asset-backed financing. This study provides for the appropriate intellectual property security model further delves into the complexities and how each would be addressed by existing practiced frameworks of such transactions with evidences from foreign countries. This new trend in intellectual property is another step taken into fully maximizing the potentials of IP to contribute to the economy.