Sci-tech start-ups often involve groundbreaking technologies, so it is necessary to protect the core technologies and gradually establish the monopoly position and competitive advantage of the industry. Before applying for a patent, we should consider whether to protect it with patents or trade secrets. What you are asking here is the timing of applying for a patent, so we won't discuss the way of trade secrets here. If the technology threshold of technology-based startups is low and easy to imitate, they should apply for patents as soon as possible to avoid the risks of imitation and infringement and seize the market opportunities. You can choose to obtain compensation through litigation or generate corresponding profits for the company through authorization. However, all this is based on a good legal environment.
If the technology of a technology-based startup company is high in patented technology, it should also apply for a patent this morning, and a more rigorous patent pool can be effectively built later to form peer-to-peer protection.
In the short term, patent application can strengthen the control ability of enterprises on their own technological rights and increase the appeal to investors in the early stage of entrepreneurship;
In the long run, when the enterprise develops to maturity, the accumulated patent portfolio becomes the intangible assets of the company, which can not only greatly improve the asset evaluation value of IPO, but also increase the right to speak in the acquisition negotiations with large companies.