1. Obtain monopoly right:
The patentee can directly prevent the competition that the commercial competitors should cope with, and can obtain a higher profit return.
2. Earn royalties:
Even if there is no immediate need for patents in the market, people are likely to perceive the use of patents in the future and are willing to pay royalties;
3. As a protective shield:
If the inventor doesn't apply for a patent for the first time, the competitor will beat him to it. By then, all the efforts of the inventor's research will be wasted, and the inventor himself will not be able to use his own scientific research results.
4. Assist in developing foreign markets:
At present, more than 70 countries and regions in the world have established and implemented the patent system. Many foreign buyers, especially American buyers, will ask local manufacturers or sellers to prove that they own the intellectual property rights of their products, so as to protect themselves from being involved in infringement lawsuits before they are willing to trade.
5. Improve the competitiveness of enterprises with small wins;
Patents are equally important to large, medium and small enterprises and new enterprises. In the fierce competitive market, small enterprises can completely obtain patented new inventions to beat the leading products set up by large enterprises with huge advertisements.
6. Increase the value of the enterprise:
If a third party is willing to invest in a company with many valuable patents, the share price of this company will be greatly increased.
7. Conducive to making scientific and correct decisions:
Through patent analysis, enterprises can understand the development trend of science and technology, industry, market and new products, and then predict and make their own short-,medium-and long-term development plans, determine which products have occupied the market, maintain the leading position and expand market share.