As soon as a patent is issued it is included in the company’s patent portfolio, which is viewed as an additional asset that raises the company’s market value. It can be sold in order to generate immediate value if the business strategy changes.
The technology or process covered by the patent can also be licensed in order to provide a constant source of revenue throughout the course of its life.
This is the prerequisite for protection.
A patent application is the first act of protection, and must also contain the invention’s protection strategy.Learn more about applications