Question

advatages of patents​

Answer 1

Advantages of patents. A patent gives you the right to stop others from copying, manufacturing, selling or importing your invention without your permission. See protecting intellectual property. You get protection for a pre-determined period, allowing you to keep competitors at bay.

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Answer 2

Hey

Advantages of patents

A patent gives you the right to stop others from copying, manufacturing, selling or importing your invention without your permission. See protecting intellectual property.

You get protection for a pre-determined period, allowing you to keep competitors at bay.

You can then use your invention yourself.

Alternatively, you can license your patent for others to use it or you can sell it. This can provide an important source of revenue for your business. Indeed, some businesses exist solely to collect the royalties from a patent they have licensed - perhaps in combination with a registered design and trade mark.