Startup! Here is the patent knowledge you need to know

As a company that has been in the industry for many years, Yezhima deeply understands the pain points of start-ups. The following are the general perceptions of the public about patents:

• First, patent applications are expensive.
• Second, patents are only attractive to large companies.
• Third, patents stifle innovation

Do these beliefs make sense? Take a moment to read the following and gain more knowledge about patents, save yourself a ton of money, or make more profit.

First, patent applications are expensive.

In China, the cost of applying for a patent starts at RMB 75.00. The official fee is not expensive, but why do a large number of people still think that patent applications are expensive? It may be because of the service fees of patent agents. Patent agents are responsible for writing patent specifications and submitting patent applications for patent applicants. In China, the service fees for an invention patent range from RMB 5,000 to RMB 10,000. If you want to apply for patents in other countries, the fees will increase further. After the patent is granted, you must also pay annual fees to maintain your patent rights.

Use the patent page calculator to understand the specific fees in different countries. With a few clicks, you can get detailed quotes for patent applications including official fees and service fees in 63 countries and regions around the world. Click the link to calculate: https://yezhimaip.com/form/queryquotation

Second, patents are only attractive to large companies.

In fact, patents are very attractive to both large and small companies. Startups are likely to encounter infringement or copying, as well as other intellectual property disputes. Or, even small companies may have the opportunity to do business with large companies, and patents give small companies the opportunity to sit down and negotiate with large companies.

Third, patents stifle innovation

All patents in the world are public, and published patent applications will be included in the patent database. Imagine that more than 120 million patents have been recorded in the patent databases of countries around the world! These patents will help companies avoid duplication of research and development or infringement of others' rights. Through the patent database, you can also get various analytical conclusions, such as technology development trends, players in a certain technology field, who will be your potential partner, etc.

So, throw away your prejudice against patents!

In the early stages of operation, should a startup protect, share, or keep its technology secret? How can you prevent others from stealing your innovation? Under what conditions should you apply for a patent? Want to know more? Please contact us for more patent support for startups: mail@yezhimaip.com