In legal theory, the so-called concept of technology shares is the shares formed by shareholders with patented technology and non-patented technology at a fixed price. China's "Company Law" stipulates that the amount of shares contributed by shareholders of a limited liability company with industrial property rights and non-patented technology at a fixed price shall not exceed 20% of the company's registered capital, unless the government has special provisions on the adoption of high-tech achievements; The shares contributed by the promoters of a joint stock limited company with industrial property rights and non-patented technology at a fixed price shall not exceed 25% of the registered capital.
In practice, there are also shares converted from technology investment for the purpose of encouraging technology contribution, developing new products and promoting technology progress.
Technology shares can be subdivided into legal person shares and individual natural person shares according to equity owners. If the rights and interests owned by technology stocks are subdivided, they can be divided into ownership stocks and dividend stocks. If it is subdivided according to the delivery authority of technology stocks, it can be divided into performance stocks, dividend backfill stocks and dividend stocks. Generally speaking, it is not difficult to set up technology stocks when setting up enterprises. What is difficult is how to allocate these scientific and technological stocks, which is more conducive to the development of enterprises and really mobilize the enthusiasm of scientific and technological personnel.
The allocation of technology shares needs to consider the following factors: determine the owner of technology shares. Proper separation of ownership and dividend right. Follow-up technicians hold shares appropriately. When subdividing technology stocks, it is suggested that technology stocks should not be divided all at once, leaving room.
Technical units should be distributed not only to the main technicians who create this technology, but also to the managers and technical managers who play a major role in creating this technology. If conditions permit, we should consider stock expansion and rights issue. Dividend-sharing backfill stocks should be combined with cash and physical investment to maintain a certain proportion, so as to better reflect risks and benefits. The technology invested in the shares belongs to the new company, and if the technology is taken away, it shall compensate for the losses.
Obviously, the state and local governments have formulated policies to encourage high-tech companies to take shares, and hope to distribute these technology shares among technology owners appropriately. First, I hope to encourage technicians to innovate constantly and create high-tech and high-tech products. Second, I hope to combine the interests of technology owners with the overall interests of enterprises, fully mobilize the enthusiasm of scientific and technological personnel, retain talents and stabilize talents. Third, establish an atmosphere of respecting knowledge and talents, accumulate more high-tech products and high-level scientific and technological talents, and leave enough stamina for the long-term development of enterprises.