Pilot Patent Valuation Support Scheme, Guidelines for Quantitative IP Valuation Reports

Hong Kong’s ambition to develop as an international intellectual property (“IP”) trading and financing centre presents an important strategic opportunity to strengthen the city’s innovation economy and broaden financing channels for enterprises.

The Pilot Patent Valuation Support Scheme (“Scheme”) and the accompanying Guidelines for Quantitative IP Valuation Reports represent significant initiatives supporting this vision. The establishment of a structured framework for intellectual property valuation has the potential to strengthen confidence among financial institutions, investors, enterprises, and valuation professionals, while supporting the development of a trusted ecosystem for IP financing.

As a leading professional body, RICS welcomes the Government’s efforts to facilitate IP-backed financing and offers insights into key areas that can further strengthen implementation of the Scheme and support Hong Kong’s ambitions to become an internationally recognised centre for intellectual property valuation and financing.

RICS offers recommendations across three key areas:

• Strengthen Professional Standards and Market Confidence
• Support Robust and Bankable IP Financing Frameworks
• Facilitate Efficient Market Infrastructure and Technical Support

Acknowledgments

• Kenneth Ma MRICS, Managing Director, MOORE
• Ryan Cheng FRICS, Profession Support & Assurance Technical Specialist (Valuation), RICS