Why apply for a patent? What are the benefits of applying for a patent?

Why apply for a patent? What are the benefits of applying for a patent? To apply for a patent, you must submit necessary application documents to the State Intellectual Property Office in accordance with regulations. So why apply for a patent? What are the benefits of applying for a patent? Applying for a Patent Why apply for a patent? What are the benefits of applying for a patent? First of all, applying for patents can protect one's own technological achievements, especially invention patents, which have the highest value, gain a monopoly market position and then obtain excess profits, including attacking competitors and their affiliated companies through patent litigation, reducing competitors' market competitiveness or Morale; secondly, timely application can prevent others from becoming defendants, because the patent is awarded to the first person to apply; thirdly, through the transformation of patented technology, patent licenses and transfer fees can be obtained through licensing, transfer, operation, etc., such as the annual fee charged by IBM (invention Patent) Patent licensing fees are as high as 2 billion U.S. dollars. Qualcomm in the United States and China's Netac completely rely on charging patent licensing fees to survive and develop; in addition, applying for patents can obtain support from government projects, such as invention patents, such as various government-funded projects, government bidding, National high-tech enterprise certification requires a patent; of course, applying for a patent can also enhance the corporate image and gain social recognition. Why apply for a patent? What are the benefits of applying for a patent?