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Updated by IPOS It is not mandatory for you to apply for a patent for your invention. The decision on whether or not to file for a patent is entirely yours. The advantage of patent protection is that you are able to prevent others from using your invention without your consent. Like any form of property, you could also exploit your patent by licensing or assigning it to another party for a fee or other benefits.
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Is it necessary that I apply for a patent for my invention?
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PatentsRelated questions
Can I patent an idea of a new invention?
Can I still commercialise or use my invention without a patent?
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I have created a new invention but I have no wish to sell, market or license it immediately. Do I have to make a patent application in this case?
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The examination report states that my invention failed one of the patentability criteria. Can I still obtain patent protection for my invention?
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