1, monopolize the market.
As long as a product is granted a patent right, it is equivalent to having an exclusive right in the market. Without the permission of the patentee, no one may produce, sell, promise to sell, use or import the patented product. Therefore, patents play a very important role in occupying and protecting the market, which is more prominent after GATT formulated the Agreement on the Protection of Trade-related Intellectual Property Rights. It links patent protection with international trade and strengthens patent protection.
2. Prevent others from imitating.
Patent application can prevent others from imitating new technologies and products developed. Once a technology is patented, whether it is made public by publishing papers, attending academic conferences or exhibitions, or by other means, it is made public under the protection of law. Even if someone has learned or mastered this technology through the above channels, they can't use it casually after being granted the patent right. High-tech products need patent protection, and low-tech products need patent protection even more.
3. Can be sold (transferred) as a commodity.
Patented technology can be sold (transferred) as a commodity. Once a pure technology is granted a patent right, it becomes an industrial property right and forms a valuable intangible asset. A pure technology cannot become an industrial property right (except technical secrets). Therefore, a technological invention can only become an internationally recognized intangible asset if it is patented, examined by the Patent Office and granted a patent right.
4. Avoid being preempted by others.
Although the Patent Law stipulates that it shall not be publicly manufactured, sold or used in China before the date of patent application, it is quite difficult to obtain relevant valid evidence afterwards. Therefore, there is the possibility that someone else will apply for your publicly available product (or technology) and get a valid patent, or even pursue your tort liability in reverse, which is not worth the candle.
5. Reliable publicity channels.
When an advertisement or product is marked with a patent mark, consumers think that the product is more reliable and credible, which improves the visibility of the enterprise.
6. Avoid the embarrassment of removing the exhibits at the exhibition.
At the exhibition, the patent right is like a "birth certificate" of a new product. Whoever has a "birth certificate" has the right to display the product as a patented product. Otherwise, it is in danger of being ordered to take off the shelves at any time, or even being disqualified from participating in the exhibition (large-scale exhibitions generally have relevant provisions on intellectual property protection). Therefore, exhibitors should apply for patents for their new products in time, and suggest suppliers to apply for patents before organizing exhibitions for their new products.