Value and benefit of invention patent

Invention patent refers to a form of intellectual property that the creator can submit an application to the state to obtain protection for a new invention. Compared with other types of intellectual property rights, the application and approval process of invention patents is complex and long, which usually takes a long time and a lot of capital investment. So, why is it that the invention patent takes a long time and has high value?

1, pay attention to the protection of invention patents

Invention patent protection is an encouragement and reward for innovation and invention activities, which is conducive to promoting technological innovation and economic development. Therefore, the government and the law stipulate a series of regulations and procedures to ensure the fairness, scientificity and legality of the application, approval and protection of invention patents, which makes the invention patents take a long time, but also protects the rights and interests of creators more effectively.

2. Invention patents need further research and verification.

Invention patent, as the highest level of intellectual property, requires the creator to conduct full investigation and experimental verification before applying. This means that the applicant for invention patent needs to have corresponding technical knowledge and practical experience, and at the same time, it needs to spend a lot of resources and time to improve and optimize the design, experiment and application of the invention.

3. The invention patent has a wide range of protection and high value.

The scope of protection of invention patents includes the rights and interests in the manufacture, use and sale of products, methods and devices. Because of its wide scope of protection, once a patent is granted, it can effectively protect technological achievements from infringement or malicious competition. At the same time, through patent trading, authorization or licensing, it can also bring considerable economic benefits to creators.

4. Promote technological innovation and economic development.

The application and protection of invention patents can encourage and promote technological innovation and economic development. Through patent award and commercial operation, patent creators can gain more knowledge resources and capital investment, and improve their technical level and market competitiveness. At the same time, for enterprises, owning a certain number of invention patents can also give them a stronger voice and competitive advantage in the market, thus promoting their economic development.

To sum up, the reasons for the long time and high value of invention patents include: attaching importance to patent protection, needing in-depth research and verification, covering a wide range, and promoting technological innovation and economic development. Therefore, it is very important and necessary for people or enterprises with technological plasticity to apply for and protect invention patents.