Using Industrial Property Rights for Securing Financing

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Abstract: 

This article examines the right to use industrial property rights which represent a high value asset for companies, as good source for access to financing. The first paragraph provides a brief explanation on IP rights recognized under the Albanian legislation and the mechanisms for securing financing on the bases of such intangible property rights. The second paragraph examines the new provisions on the registration of right of pledge on an industrial property right, which were recently introduced by Law No.17/2017, dated 16.02.2017 “On some amendments and additions to Law No. 9947, dated 07.07.2008 “On industrial property”, as amended”, while thelast paragraph presents conclusions and remarks on the applicability of this financing method in practice.

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