
There are many advantages to patenting your inventions.
You are granted a monopoly on your invention by the government in your
jurisdiction for a known period of time.
You can license it to others and collect
licensing fees and royalties.
You may also use it as a trading card with a
competitor, e.g., licensing your patent to a competitor, and in return,
obtaining licensing rights to a patent that is owned by the competitor. It is a
very...