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What are the functions of applying for a corporate patent? One article takes you all-knowing

Market competition is never waiting for who to move forward, want to occupy a certain position in the market, enterprises have their own inventions and creations are the best, both protected by law and prevent others from plagiarism, its function of applying for enterprise patents is also a lot, so enterprises have inventions and creations as soon as possible to apply. As an important intellectual property right, patents have the following functions:

1. Occupy the product market share:

The Patent Law stipulates that there are fairly clear legal provisions for enterprises and individuals who have obtained patents for inventions. In this way, after the enterprise obtains the patent license, it can effectively restrict the imitation and market competition of the patented product by the peers, and the economic benefits can be obtained by implementing the patent alone, and the market share of the product can be effectively occupied and controlled.

2. Obtain economic benefits:

Authorized patent technology is an intangible asset of an enterprise, and an enterprise can obtain direct economic benefits by transferring the patent, implementing a license, etc. In addition, authorized patents can be converted into company ownership, pawnshop loans, and corporate financing problems can be solved.

What are the functions of applying for a corporate patent? One article takes you all-knowing

3. Apply for Government Support Programs:

At present, in response to the call of the Party Central Committee, the national and local governments at all levels have actively promoted the reform of the economic structure and set up many scientific and technological projects. After these projects are certified, enterprises will enjoy support policies such as cash incentives and tax relief according to specific project categories.

4. Improve corporate visibility:

In the process of selling products, enterprises can take the patent license of the product as a publicity selling point to improve the visibility of the enterprise in the field of technology research and development and the overall image of the enterprise.

5. Prevent others from imitating and developing new technologies and new products:

The technology may be patentable, the technology may be published, attend academic conferences and exhibitions, or may be disclosed, and these disclosures shall be protected by law and may be learned or mastered by anyone through the above-mentioned methods.

6. Patents can be sold and licensed:

After applying for a patent for an invention, after examination by the Patent Office, the patent right is granted and becomes a recognized intangible asset with economic value and can be transferred and sold as a commodity. Patent exploitation license means that the patentee or licensor acts as the assignor, and the licensor executes the patent within the agreed scope, and the assignor needs to pay the agreed royalties to the assignor.

In this way, patents can not only protect the technology of the enterprise, but also prevent the infringement of others. Patents play a vital role for businesses. Therefore, if the enterprise has the intention of applying for a patent, it should apply for protection as soon as it has an invention-creation!