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Patent Information

Benefits of a Patent

Exclusive Rights

A patent gives you the legal right to exclude others from making, using, selling, or importing your invention. This creates a temporary monopoly—typically for 20 years—allowing you to control the market for that innovation.

Commercial Advantage

With a patent, you can:

  • Sell products without direct competition.
  • Charge premium prices due to lack of substitutes.
  • Build market share and barriers to entry for competitors.

Licensing and Revenue

You can license your patent to others in exchange for royalties or lump-sum payments. This is common in tech, pharmaceuticals, and manufacturing. It’s a way to generate income without producing the product yourself.

Defensive Protection

A patent can help you:

  • Negotiate cross-licensing deals with other patent holders.
  • Protect R&D investments from being copied by larger firms.

Increased Valuation

Startups and businesses with patents often have higher valuations, as investors see patents as:

  • A sign of innovation and technical leadership.
  • A potential source of future profits.
  • An intangible asset that increases the company’s overall worth.

Global Opportunities

A U.S. patent can be a foundation for seeking international patents, allowing you to expand your protection into global markets.

Recognition and Credibility

Holding a patent can boost:

  • Your professional reputation.
  • Your organization’s research profile.
  • Your ability to attract funding or partnerships.