What are the benefits of going for IPR?
In many countries, there are subventions and/or reduced taxation on profits attributed to products sold that are covered by registered intellectual property rights, which can directly increase the profits the business can generate. Often the cost of securing these registered IP rights is very small in comparison to gains made by the lower tax rate.
For some businesses, the publication of a registered IP right is important in showing investors that a business has IP capital which it can draw on, and investors are more likely to want to invest in a company that can show it can protect its revenue streams through IP enforcement.
Many other advantages are at explained in below links.

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