In March 2009, the World Intellectual Property Organisation ("WIPO") will meet to discuss the use of intellectual property assets as collateral for business loans, known as "IP Financing". Information provided by WIPO includes the following statement:-
"In the current uncertain economic times, IP Financing is of growing economic importance. Global commerce in the emerging IP asset class is worth an estimated US 300 billion dollars world wide annually and some 80% of corporate value today is represented by intangible assets. The financial potential of IP assets is currently limited, however, by systems and policies that are still largely geared to tangible assets."
It is intended that the meeting will raise awareness among individual member states of the opportunities and challenges of IP financing.