Encourage research and development of new technologies.
Intellectual creation is characterized by the characteristics of public goods. Once the results are known to the public, they can be used and possessed by many people at the same time. The research and development of intellectual achievements requires not only economic investment, but also personal intelligence and physical labor. The patent system allows the obligee to recover R&D investment and make profits by granting exclusive rights.
(2) Another way for the patent system to promote technological progress is to rely on published patent documents.
In order to apply for a patent, the applicant must write a detailed description of his invention, and attach drawings when necessary, which will be published by the Patent Office in accordance with the regulations. The technology published in patent literature is helpful to inspire others' thinking and make new inventions. After others see the market demand from the published inventions, they can make legal changes or improvements to the inventions to meet this demand, or put forward different technical solutions to meet the same demand, thus encouraging the development of new technologies.
(3) Encourage the development and application of technology.
The patent system protects inventors for a certain period of time, creates a guaranteed environment for patentees, and gains time advantage through exclusive rights. The exclusiveness of patent rights excludes competition from others, which can encourage inventors to take risks and invest in the commercial development of inventions.
(4) Technology transfer.
The patent system discloses the technical content through the introduction of patent documents. Confidential patent specifications and patent application documents contain technical information, which is the only most valuable and comprehensive technical source available to anyone in the world today. At the same time, the patent system provides protection for patentees and creates an environment conducive to technology transfer. From the transferee's point of view, he can examine the technology, and the technology protected by patent is also protected by law. From the transferor's point of view, if the transferred technology is not protected by patent, the transferor can only ask the technology recipient to provide a guarantee that the secret will not be revealed and the third party will not use its invention according to the contract.