What are the benefits of patents to the company?

First of all, by applying for a patent, we can protect our intellectual achievements and use them to monopolize the market and obtain monopoly profits. At the same time, we can also transfer the patent technology license to others to obtain a huge license transfer fee.

Secondly, enhance the corporate image. Patent numbers can be marked on print advertisements, brochures and product packages, highlighting the characteristics that products have been protected by national patent rights, thus improving the social awareness of products and enhancing corporate image.

Thirdly, enterprises can identify high-tech enterprises and innovation funds by applying for patents, so as to win the policy support of the state and local governments. For example, according to the "Implementation Measures for the Certification Management of High-tech Enterprises in Sichuan Province" and the "Specific Evaluation Measures for the Certification of High-tech Enterprises in Sichuan Province", enterprises generally need 1 inventions and 6 utility models if they want to be recognized as high-tech enterprises. Once they are recognized as high-tech, they can get preferential policies in terms of taxation and loans.