Hello everyone :) In this blog, we talked about the advantages of obtaining a patent in 6 articles. I hope this article will increase your awareness about the patent and we can enlighten you a little more about the patent. Good reading!
The first six items that come to mind from the advantages of obtaining a patent are as follows;
Competitive advantage: A patent gives an inventor the right to prevent others from using the same or similar invention for commercial purposes. This allows companies to gain a competitive advantage by offering a unique product or service.
Market share: A patent can capture a company's market share. Customers may choose a company that offers a unique product or service, and this can protect their company revenue.
Attract investment: A company holding a patent can attract investors. A patented invention demonstrates the company's potential high value and can make it easier for investors to invest in the company..
Possibility of licensing: A patent allows a company to license its invention. A license fee may be charged for allowing other companies to use the invention.
Protection: A patent is used to protect an invention. This allows you to protect your rights as the owner of your invention by preventing other companies from copying the invention or using a similar invention for commercial purposes.
Company reputation: A patented invention can enhance a company's reputation. A patent-holding company can be seen as an innovative and leading company and attract the attention of customers and investors
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