In fact, patented inventions have already penetrated into every field of people's lives, from electric lights and plastics to ballpoint pens and microprocessors. Patented products have improved people's quality of life, improved work efficiency and accelerated the process of human civilization. For example, according to the necessity of preventing "reinventing the wheel", the compulsory publication of patents and patent applications promotes the mutually beneficial spread of new knowledge and accelerates innovation activities.
Patents provide incentives and protection for individuals or enterprises according to the probability of giving individuals recognition of their creativity and material rewards for their inventions. Patent application can obtain property income, reputation, advertising effect, intangible assets accumulation, patent shield and patent weapon. The invisible return of patents also includes attracting outstanding talents to join enterprises and creating a good public image of technology enterprises.