Permanent Patent

Description

What are the benefits of filing a patent in India?

Certain benefits of filing a patent in India are as follows-

A patent is a form of encouragement for innovations and inventions. Once an applicant is granted the patent, he or she becomes the exclusive owner of the invention or the idea.
Filing a patent in India is important for a business as the patent restricts its competitors from copying, selling, or importing its intellectual property without prior permission. This way the patent holder can protect his patent rights in support of the existing laws of the land.
Patents can be sold and licensed like other forms of property
A patent is just like any other intellectual property and can be transferred by the inventor.
A patented product is likely to improve brand perception and potentially enable your business to charge a premium.
With exclusive patient rights, the owner of the patent controls the use of the invention for twenty years and longer.