What's the use of patent application? Introduction to 9 Uses of Patent Application

Patented technology, as an important product of mental labor, is protected by national laws like tangible property such as houses and cars, and its intangible value is immeasurable! So what's the use of patent application? Here are nine uses of patent applications. What's the use of patent application? 9 Main uses of patent application What is the purpose of patent application? Introduce 9 applications of patent application to enhance market competitiveness. Enterprises with certain legal awareness will apply for patent protection when developing new technologies, so as to avoid being copied by rivals in the future and protect their intellectual property rights. Therefore, the number of patents owned by enterprises can reflect their R&D ability, R&D investment, innovation ability and legal awareness to a certain extent (not to mention junk patents). For an individual, the number of patents owned by a student or worker can increase his bargaining chip in continuing education and employment. Improve enterprise qualifications. Patent is a favorable competitive factor when applying for high-tech enterprises and government funds. Authorization. If the patent technology applied by the patent persuader is in the leading position in the industry and has a large market application. Then other similar enterprises can be authorized to use patented technology, and a reasonable patent license fee can be charged from it. Tort compensation. If other enterprises use technology without the permission of the patentee, then the patentee has the right to bring a lawsuit against them, demanding to stop the infringement and pay economic losses, etc. Technology monopoly. Science and technology are the primary productive forces. The patent successfully applied for has obvious creativity and is recognized by consumers. At the same time, market exclusive rights can protect the market share of enterprises well, thus ensuring the core competitiveness of enterprises. At the same time, patent, as an important intellectual property, can give full play to consumers' association and get consumers' recognition. Increase income. Pure technology, methods, etc. When the patent right is granted, it becomes an industrial property right and forms an intangible asset with value. In other words, technological inventions and designs can bring economic benefits to enterprises after applying for patents. In practice, patents can be used as registered capital to contribute or increase capital, and actual capital accumulation can also be obtained through patent licensing. Pledge financing. Intellectual property patent pledge financing is a relatively new financing method, which is different from the traditional way of applying for loans from financial institutions with real estate as collateral. Enterprises or individuals take the legally owned patent rights, trademark rights and copyright property rights as collateral and apply to the bank for financing after evaluation. Patent technology investment. Intellectual property rights, physical objects, land use rights, etc. It can be used as the registered capital of the company after being evaluated and priced by the authoritative national evaluation agency. Since then, intangible assets including patents, proprietary technology, trademarks, software copyrights, land use rights, trade secrets and so on can be directly used for investment and financing. Government policy. Patent grant refers to the arrangement of relevant funds in the departmental budget of the Municipal Intellectual Property Office, and the grant for the applicant to apply for a patent or carry out patent-related work. Patent grants are divided into general grants and special grants. What's the use of patent application? Nine main uses of patent application are introduced. This question is answered here. If you have more questions about patent application, you can continue to pay attention to Bajie Intellectual Property or contact us by phone.