What is Added Value?

Value-added refers to the difference between the total sales in a given sector and the cost of materials and services purchased during a given period. For example, if a product produced at a cost of 100 lira can establish itself in the market when sold for 1000 lira, we can consider it a high-value-added product. Therefore, a high-value-added product also generates high revenue and profit.

For a product to be considered high value-added, it must possess certain features in addition to a high profit margin. These features can be listed as follows:

If the demand for a product or service increases in proportion to the income levels of buyers, if the demand for a product or service continues to rise even if the income levels of buyers remain the same, if the demand for a product or service is not affected by the high price in any way, if other people or organizations cannot produce this product or service or a similar one, then the added value of this product or service is high.

The higher the added value of a product or service, the higher its quality is considered. Based on this principle, it's important to remember that as added value increases, so too will revenue and profits. Creating added value strengthens the economy, accelerates development, and increases profits. Therefore, it holds a significant place in the global economy.

Patent Importance

PatentA patent is a document that allows you to protect all your rights before releasing an invention to the public. Holding a patent prevents your invention from being manufactured, marketed, sold, or imported by anyone else without your permission. If another person or organization takes such steps without your permission, you can defend your rights through legal action and ensure the other party is penalized.

This system, which protects inventors and manufacturers, increases motivation for production, advances R&D, and paves the way for scientific and technological advancements. New discoveries and services enhance the comfort and well-being of society.

What is the Contribution of Patent to Value Added?

Patents with commercial value provide economic development for both manufacturers and inventors. Considering the added value of patents, the impact of new inventions and services on enhancing economic prosperity is striking. Organizations that understand the importance of brand awareness and patents, leverage these advantages by working internationally and focusing on exports, and contribute to economic development not only within their own companies but also for the country as a whole.

Patent registration If certified products or services, after being offered to consumers at a high profit margin, experience a rapidly increasing demand, and the demand continues to increase even if the buyers' income levels remain unchanged, you have a high value-added product. However, as mentioned above, one of the most important conditions that increases the added value of a product is the prohibition against other individuals or organizations from producing this product or similar products as desired. The step that fulfills this requirement is a patent.

A patent prevents your invention from being produced and sold by your competitors. Therefore, a patent registration certificate is an essential feature of high-value-added products or services.

If you want to complete the patent process of your high value-added products or services quickly and easily with an expert and reliable patent office, you can call Destek Patent without wasting any time.