A patent offers many benefits, including:
- As a patent owner, you can exclusively use your invention commercially for up to 20 years – and so prevent others from producing or selling it. During this time, you can recoup the costs of research and development and make money from your invention.
- You can trade your patent as you would other goods. For example, you can sell it or you can licence it, which means allowing others to use it under certain conditions. You can also pledge it or bequeath it.
- You can caution anyone who copies your invention on the basis of your patent rights. Problems can therefore possibly be solved without having to take legal action. In a second step, you can bring an action for infringement before the Federal Patent Court.
- Patents are proof of a company's innovative strength. They can enhance a company's reputation, help with marketing and facilitate the search for investors.
Is it worth patenting your invention? See also Alternatives to patenting.
SMEs used the lockdown period to develop new ideas – an insight into an initiative of the IPI during the coronavirus crisis
08.06.2020 | Patents
More support for innovative SMEs and start-ups – assisted patent searches at a reduced fee until the end of 2020
Better international protection for Swiss geographical indications
The IPI is actively participating in the WIPO dialogue on intellectual property and artificial intelligence
08.11.2019 | Event
Symposium on Creative Approaches to Improving Access to Medicines Globally
Roundtable on the protection of computer-implemented inventions