Advantages and disadvantages of patenting Advantages Disadvantages 。 Exclusivity enables Reveals invention investment and higher to competitors returns on investment (after 18 months) Strong,enforceable legal Can be expensive right Patent enforceable only Makes invention tradable after grant(this can take (licensing) 4-5 years) 2023/12/12 Tongji-Taolue Zhang 10• Exclusivity enables investment and higher returns on investment • Strong, enforceable legal right • Makes invention tradable (licensing) • Reveals invention to competitors (after 18 months) • Can be expensive • Patent enforceable only after grant (this can take 4-5 years) Advantages and disadvantages of patenting Advantages Disadvantages 2023/12/12 Tongji - Taolue Zhang 10