The advantages and disadvantages of applying for a patent

1. As an intangible asset, patents have huge commercial value and are an important means to enhance the competitiveness of enterprises.

2. Enterprises applying for patents on scientific research results are the basis for enterprises to implement patent strategies.

3. The quality and quantity of patents are a reflection of an enterprise’s innovation capabilities and core competitiveness, and are a symbol of an enterprise’s identity and status in the industry.

4. Enterprises can obtain long-term returns by applying the patent system.

Legal basis:

Article 22 of the "Patent Law of the People's Republic of China" stipulates that inventions and utility models granted patent rights must be novel, creative and practical. sex. Novelty means that the invention or utility model does not belong to the existing technology. No unit or individual has filed an application with the patent administration department of the State Council for the same invention or utility model before the application date, and the patent application published after the application date is recorded. documents or published patent documents. Creativity means that compared with the existing technology, the invention has outstanding substantive features and significant progress, and the utility model has substantive features and progress. Practicality means that the invention or utility model can be manufactured or used and can produce positive effects. The term "existing technology" as used in this Law refers to the technology that was known to the public at home and abroad before the filing date.