Should You Patent Your New Invention?

The fast pace at which technology is developing in the world is reflected in the creative inventions that are coming up every day. Nowadays, people are increasingly aware of the value of their ideas and seek to protect them from competition. The most prominent way to do so is by getting their creations patented. However, taking an invention from an idea to an actual patent is not an easy process and requires due consideration. The procedure for obtaining a patent is expensive and time-consuming so, a comprehensive cost-benefit analysis by the inventor is required. Not only do you need to check if your patent fulfills the legal requirements of novelty, non-obviousness, industrial application and enabling, but what happens AFTER you get the patent? Will the invention and the investment put into it amount to anything?