You need to apply as soon as possible to protect your rights. Patent rights are the most important intellectual property rights. As a kind of property, patent rights can be traded in the market. Patent rights are protected by national patent laws and cannot be used by any unit or individual without the consent of the patentee.
The main benefits of applying for a patent are:
1. Having a technical achievement protected by the "Patent Law" without fear of "leakage" or "disclosure" of technical personnel of the unit Job hopping" causes the loss of technical achievements.
2. Increase the stock of intangible assets and improve the quality of the enterprise.
3. Can exclusively "monopolize" the sales market of patented products, implement the patent independently, and obtain economic benefits.
4. Obtain economic benefits by transferring patented technology or implementing patent licensing.
5. Patented technology can be used as a selling point for product promotion to improve product quality.
6. Patent rights can be used as pledge to obtain bank loans; or as guarantee for financing.
7. When the number of patents reaches a certain level, technology companies can apply to enjoy government taxation, export trade and other preferential policies as well as bids for major projects.
8. Demand compensation from patent infringers.