3. Obtain funds from the government or investors
You could use IP to borrow money from the bank or government. IP is your legal asset and financial instrument. You could also conduct an audit to evaluate your IP to attract investors or stock brokers. IP is your valuable investment and business asset for enhancing your market value.
IP also provides your enterprise competitive advantages and increases your value so it could diversified your market strategy to various target groups, foreign countries.
4. Attract loyal business partners and clients
Your recognizable IP products or services could help you to develop long-term relationships with clients, business partners, suppliers and subcontractors. Intellectual property could effectively separate your goods or services from your competitors. More importantly, your trademark or patent , is a symbol of your company and a quality guarantee. Customers will associate your quality products or services with this brand.