Patent Collateral Formulation in the Framework of Patent Commercialisation Structuring in Indonesia
- DOI
- 10.2991/978-2-38476-491-4_12How to use a DOI?
- Keywords
- Patent Collateral; Formulation; Patent Commercialisation
- Abstract
Patents, as the exclusive rights of inventors, hold economic value and are legally recognised as objects of collateral under Indonesian law. However, collateral use faces challenges due to the lack of comprehensive legal provisions. Employing a normative juridical approach, this paper presents alternative solutions to the issues surrounding patent collateralisation. It incorporates statutory, conceptual, theoretical, and comparative approaches to propose viable solutions for treating patents as collateral objects. Given the proprietary nature of patents and the mandate of Law No. 65 of 2024, which delegates authority to the Fiduciary Law for the implementation of patent collateral, the current legal norms remain inadequate to fully facilitate such implementation due to regulatory loopholes. Therefore, amendments through legal modification are deemed necessary. Drawing on the experiences of several countries and examining the obstacles and corresponding solutions, this study proposes establishing a patent market as an alternative solution. This patent market would serve as a platform for valuing and collateralising patents under the supervision of the Directorate General of Intellectual Property (DGIP). Thus, the dynamic value of patents in the market can be more easily monitored, providing accurate data for patent valuation and facilitating the assessment of assets as collateral objects.
- Copyright
- © 2025 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Sofyan Arief AU - M. Fadli AU - Yuliati Yuliati AU - Hanif Nur Widhiyanti AU - Amelia Sri Kusumadewi PY - 2025 DA - 2025/11/18 TI - Patent Collateral Formulation in the Framework of Patent Commercialisation Structuring in Indonesia BT - Proceedings of the 6th International Conference on Law Reform (INCLAR 2025) PB - Atlantis Press SP - 129 EP - 144 SN - 2352-5398 UR - https://doi.org/10.2991/978-2-38476-491-4_12 DO - 10.2991/978-2-38476-491-4_12 ID - Arief2025 ER -