美国版权证券化的困境分析

On the Predicament of U. S. Copyright Securitization

鲍伊债券在美国开启了知识产权证券化的大门,一度兴盛,但现在呈现困顿状态,原因主要有五个,其中版权所有权和版权担保权益公示问题是困扰版权证券化的主因。厘清这些原因,有助于我们理性看待版权证券化本身及其在中国的发展前景。

Bowie Bonds Offerings has opened the gate of intellectual property securitization with temporary popularity, but now this securitization is in predicament. There are five reasons causing this, and obscure copyright ownership and uncertainty in how to perfect copyright security interest are the major reasons. Illustrating these problems will help us treat the copyright securitization reasonably and predict its application in China.