What is the value of the invention patent application to the enterprise?

There are three kinds of patents in China: invention patents, utility model patents and design patents.

Patents are intangible assets of enterprises, sharp weapons for enterprises to participate in market competition and magic weapons for safeguarding their own rights and interests.

Benefits of patent application

Patent is a sharp weapon in market competition. As long as a product is granted a patent right, it is equivalent to having an exclusive right in the market, and others need permission to use it.

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 obtain economic benefits through authorization, transfer, pledge and mortgage loan.

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.

In terms of personal honor, you can add points, evaluate professional titles and realize personal value. In terms of corporate honor, the quality and quantity of patents reflect the innovation ability and core competitiveness of enterprises, and enhance the brand image and value of enterprises.

Advertising, products with patent labels will increase the reliability and credibility of products, improve the visibility of enterprises, and have a good market reputation.

Local governments have issued corresponding policies to reward and subsidize patent applicants. Patent ownership by enterprises is a necessary prerequisite for declaring various scientific and technological plans and projects such as high-tech enterprises and innovation funds. (Information from Shenzhen No.1 Middle School)