What is the significance of applying for a patent in time?

China adopts the principle of first application, that is, no matter who completes the invention and creation first, the patent right is granted to the person who applies for the patent first!

It is of great significance to apply for a patent in time;

1, 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.

2. Once a pure technology is granted a patent right, it becomes an industrial property right and forms a valuable intangible asset. 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.

3. Technological inventions are exclusive after being granted patent rights, which can prevent others from imitating and infringing on new technologies and new products developed by enterprises and protect their own patented technologies.

4. In terms of personal honor, you can add points, evaluate professional titles and realize personal value. In terms of enterprise honor, the quality and quantity of patents are the embodiment of enterprise's innovation ability and core competitiveness, and the symbol of enterprise's identity and status in this industry.

5. The local government has issued corresponding policies to reward and subsidize patent applicants. Patents owned by enterprises are a necessary prerequisite for applying for various scientific and technological plans and projects such as high-tech enterprises and innovation funds (information resources come from Zhong Yi United Intellectual Property Rights).