What are the benefits of intellectual property protection to enterprises?

1． Protecting products: Take patents as an example.

Patented products can first eliminate imitation and copying by competitors and increase the market share of patented products in related product markets.

2． Defense:

For companies, on the one hand, they must protect their products from infringement, and on the other hand, they must prevent their products from infringing on the rights of others. Intellectual property rights are like shields that can effectively prevent conflicts from other companies.

3. Increase corporate intangible assets:

Corporate assets include not only visible and tangible tangible assets, but also invisible and intangible intangible assets. The value of intangible assets is often much greater than the value of tangible assets. For example, the market value of a patent with high technical content or a reputable trademark is immeasurable.

4. Intellectual property rights are proof of a company's innovation capabilities:

To understand a company's innovation capabilities, a simple way is to understand the company's intellectual property rights. The amount of intellectual property rights owned can strongly prove a company's innovation capabilities, which can be used to gain customer trust and establish a corporate brand. In addition, intellectual property can also bring many benefits to enterprises, such as licensing fees for allowing others to use intellectual property, intangible advertising effects, applying for government projects, obtaining government financial support, etc.