1. exclusive right: the patent provides you with a period of 20 years from the date of filing a patent application, so that you have the exclusive right to prevent or prevent others from making commercial use of the invention.
2. Return on investment: Since you have invested a lot of money and time in developing innovative products, you can take advantage of these exclusive rights to gain opportunities in the market and strive for a high return on investment.
3. Opportunity to license or sell your invention: If you don't intend to apply for a patent yourself, you can sell or license other companies to commercialize your patented invention, which may become a source of income for your company.
4. Increase bargaining chips: If your company wants to obtain the right to use other companies' patents through licensing contracts, your patent portfolio will increase your bargaining chips in the process. In other words, your patent may be of great value to the negotiating opponent, so that you can reach a cross-licensing arrangement. In short, your enterprise and other enterprises agree to license their respective patents to each other.
5. Positive image of your company: Business partners, investors and shareholders may regard the patent portfolio as a sign that your company has advanced professional knowledge, professional knowledge and technical ability. This may help to raise funds, find business partners and improve the market value of the company.
Why should I apply for a patent for my invention? What are the five advantages of enterprises applying for patents? 》