Does applying for a patent in Beijing affect your personal advantage?

Yes Applying for a patent in Beijing has an impact on one's personal advantage. Patent is a kind of legal protection to ensure that others will not use, manufacture or sell your invention without authorization. This provides a powerful weapon for individuals in market competition and protects the interests of individual innovation achievements; Owning a patent can bring authorization and licensing income to individuals. By licensing one's technology or invention to other enterprises and obtaining licensing fees or authorization fees from them, one can bring additional sources of income to individuals.