Why patent? Advantages of patenting One of the most common patent definitions states that it is an agreement between an inventor and a country. This agreement allows the owner to exclude third parties from the manufacture, use or sale of the invention in the terms expressed in the claims in the patent document. From this definition emanate the main advantages of Oil And Gas Patents, which can be summarized in 7 keys. Advantages of patenting • They offer ownership and an exclusive right of exploitation granted by the State to the inventor for a maximum of 20 years of the technology they contemplate. This prevents third parties from using our technology; in fact, one of the objectives of patents is precisely to prevent plagiarism by third parties that may • Patents are an important intangible asset. It is a quantifiable value, which can be licensed and sold. It can also serve as a guarantee to obtain financing. • Through the registration of patentsthe only effective legal tool against copying is obtained. • Patenting by Kholder Development prevents conflicts with third parties for infringement of previous rights, especially with competitors that have technologies close to those that we have developed. • Patents facilitate commercialization, being excellent sales and marketing argument. Having patents contributes prestige and increases the value of a brand, therefore, in the case of a company, an image of seriousness and trust is reflected for consumers. • Being the owner or inventor of patents has a special value and academic and curricular recognition, which should also be taken into consideration. • Announcing that a product is patented forces the competition to investigate the patent that protects it, and well, to look for an alternative, or to opt for another line of business. This phenomenon is especially effective during international filing periods in which it is not known with certainty whether the patent will be granted, and the conditions and countries where it will be granted. The advantages of patenting: aspects to consider As you have seen, KHolder patenting has numerous advantages for every entrepreneur who wants to take advantage of their products and technological developments. Of course, patenting is not the exclusive prerogative of large firms and multinationals (as is often mistakenly thought). For a SME, when it comes to growing and internationalizing, going to the market without adequate protection of its assets could be fatal, not to mention the fact that in the face of potential investors the exclusivity of the business needs to be guaranteed. Finally, we remember that filing a patent application is something that requires technical knowledge and experience. These documents generally indicate the name and address of the applicant, owner and inventor. This last advantage is of greater interest if it is considered from a commercial point of view, that is, if what you want is to locate possible technological sources, know the competitive environment of a market or follows the activities of a certain company or, perhaps, most importantly, accesses a license.