Protection technology. A technological invention is exclusive after being granted a patent right, which can prevent others from imitating and infringing on new technologies and products developed by this enterprise.
Intangible assets can be licensed for transfer to obtain fees and can be pledged for financing. Once a pure technology is granted a patent right, it becomes an industrial property right and forms an intangible asset with value. A technological invention granted a patent right after examination by the Patent Office is an internationally recognized intangible asset, and the patent right can be obtained through authorization, pledge, mortgage loan, etc.
Policy incentives. Local governments have issued corresponding policies to reward and subsidize patent applicants. Patents owned by enterprises are a necessary prerequisite for declaring various scientific and technological plans and projects such as high-tech enterprises and innovation funds (data from Zhong Yi United Intellectual Property Rights).
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