Financing Intellectual Property under Federal Law: A National Imperative

The information industries have become the center of national growth and opportunity. In the new information economy, intellectual property financing has assumed growing importance. This article suggests that area in urgent need of restructuring is secured financing law. Article 9 and the Revised Article 9 of the Uniform Commercial Code are incapable of effectively financing intellectual property.

This article provides a summary of how intellectual property financing works and why it is more efficient to utilize the federal information statute. Additionally, this article provides a detailed description on the law governing the financing of intellectual property. The author argues that the federal information statutes provide a sound basis for an efficient and complete system to perfect security interests in federal information. The author proposes making clarifications in federal law to rectify the confusion in the case law and commentary in regards to financing intellectual property.