Patent Registration - Patent registration is essential for several reasons: Legal Protection: It grants the inventor exclusive rights to their invention, preventing others from making, using, or selling it without permission. This helps protect against infringement. Market Advantage: A patent can provide a competitive edge by allowing the inventor to control the market for their innovation, potentially leading to higher profits. Increased Credibility: Holding a patent can enhance the credibility of an inventor or a business, attracting investors, partners, and customers. Licensing Opportunities: Patents can be licensed to others, creating additional revenue streams for the inventor or company. Encouragement of Innovation: By protecting inventions, patents encourage research and development, fostering innovation within industries. Legal Recourse: If someone infringes on a patent, the patent holder can take legal action to enforce their rights. Attracting Investment: Investors often look for patented technologies as a sign of potential profitability and reduced competition.