How does the invention patent convert it into capital?

There are several ways to convert a patent into capital:

1. Implement the patent by yourself.

2. Transfer the patent.

3. License others to exploit the patent and charge a license fee.

of course, the prerequisite of the above method is that the patented technology is really valuable.

In addition, a friendly reminder, if you apply for an invention patent for the same technology first, and then apply for a utility model (not on the same day), then you have made a very serious mistake!

if both patents are authorized, the consequence is that both patents may be declared invalid.

The reasons are as follows:

1. According to the principle of non-repeated authorization in Article 9 of the Patent Law, the invention patent is declared invalid first (because the utility model is authorized first).

2. according to paragraph 2 of article 22 of the patent law, the utility model is declared invalid because it lacks novelty (because the invention application is prior, it constitutes prior art or contradicts the application).