Law related to Business Security of Small and Medium Enterprise: A Case Study Trademark.

Abstract

           Below the Business Security Act BE 2558, entrepreneurs can apply intellectual property as collateral for debt repayment. However, the Act also contains shortcomings regarding the criteria for conducting IP valuation, as well as the enforce of intellectual property as business security. This research paper is aimed at studying the intellectual property evaluation guidelines, including the enforce of intellectual property as business security, especially trademarks. And establish criteria for valuation and enforcement repayment of trademark intellectual property.

           The studying be comparable to the debt settlement law and the IP valuation rules of the Republic of Korea. found that, the application method is used to obtain the true value of the trademark. And the Law on Collateral and Debt Settlement of Intellectual Property pursuant to Uniform Commercial Code Article 9 of the United States. found that, the openness of the provisions of the parties to choose preferred methods to enforce business security the rule of law. Especially the trademark intellectual property.

            For this research, the valuation of intellectual property in the trademark category should be based on a market approach comparison process and combined with a special method of valuation. In order to reflect the true value of the trademark in the market. For the enforce of intellectual property as business security, the trademark type has allowed the security provider and the security receiver to be able to choose preferred methods to enforce business security the rule of law. By allowing the use of trademarks, auctions, auctions vendere of trademarks, or all or part of the trademarked product.