Intellectual Property: Definition and additional resources from BNET
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BNET Business Dictionary

Business Definition for: Intellectual Property

  • the ownership of rights to ideas, designs, and inventions, including copyrights, patents, and trademarks. Intellectual property is protected by law in most countries, and the World Intellectual Property Organization is responsible for harmonizing the law across different countries and promoting the protection of intellectual property rights.

Wiktionary Definition for: Intellectual Property

  • any product of someone's intellect that has commercial value, especially copyrighted material, patents, trademarks etc

Additional Resources

Norms-Based Intellectual Property Systems: The Case Of French Chefs
This paper proposes that "Norms-based" intellectual property systems exist and are an important complement to or substitute for law-based intellectual property systems. Norms-based IP Intellectual Property systems operate on social norms that are held in common by members of a given community and specify the nature and extent of rights...
Tags: Massachusetts Institute of Technology, intellectual property, intellectual property right, IP
White papers 2006-01-01
An Overview of Copyright and Intellectual Property
Copyright forms a part of a larger body of law known as "intellectual property". Intellectual property can be thought of as creations of the human mind and intellect, and intellectual property law in general recognizes, and attempts to protect, the property rights of creators in their creations. It is widely...
Tags: intellectual property, intellectual property right
White papers 2004-06-14
Intellectual Property Due Diligence: A Must When Assets Are Transferred
The article is about the acquisition of intellectual property. In today's climate of frequent acquisition and divestiture of assets, it is important that buyers and sellers give appropriate attention to intellectual property IP assets. Despite press coverage highlighting missteps, embarrassing case studies of failed IP due diligence continue to make...
Tags: intellectual property, diligence, asset, divestiture, acquisition, real estate
White papers 2002-08-05
The Sting
U.S. companies continue a pell-mell rush into offshore outsourcing of software development. Those that have not stopped to look at global intellectual property law are in for a big surprise. Some observers say that other countries vying for outsourcing dollars are even worse when it comes to providing legal protection...
Tags: International Data Group, offshore outsourcing, intellectual property, software development, outsourcing, software
White papers 2003-01-01
Real Offshore
Industrial espionage and poor intellectual property safeguards can sting the U.S. companies outsourcing their software development offshore. Some observers say that other countries vying for outsourcing dollars are even worse when it comes to providing legal protection for intellectual property. Court cases are still relatively hard to find, but that's...
Tags: International Data Group, intellectual property, U.S. company, outsourcing, software development, software
White papers 2003-11-15
Intellectual Property Due Diligence
The buyer and seller should both perform due diligence, not only on the intellectual property rights of the business at issue itself, but also on those rights of the business's main competitors in the marketplace. This paper provides an outline of the essential due diligence steps for both buyer and...
Tags: diligence, intellectual property, intellectual property right
White papers 2005-10-17
The Intellectual Property Financial Tool
It is impossible to ignore this truth: intellectual property is the business asset of the future. Any company that does not realize this today will not be around long enough to defend its head-in-the-sand position tomorrow. IP owners investigating the financial possibilities of intellectual property are discovering that it can...
Tags: intellectual property, IP, litigation, insurance, financial, benefit
White papers 2003-01-01
Due Diligence In Business Transactions Involving Intellectual Property Assets
In recent years, the commercial importance of patents and other intellectual property has become highly visible. Courts have imposed large damage awards for intellectual property misuse and infringement. The process of gathering information and assessing the merits, issues, and risks associated with a business transaction is calleddue diligence.” It...
Tags: diligence, business transaction, intellectual property, acquisition
White papers 2003-01-01
Basics of Trademark & Copyright Law
In today's business world, a company's intellectual property can be some of its most valuable assets. In fact, in the technology field, it's sometimes the case that intellectual property may be a business's only significant asset. Nonetheless, many businesses place themselves at a significant competitive disadvantage by failing to understand...
Tags: Reed Elsevier Inc., intellectual property protection, intellectual property, asset, copyright law
White papers 2003-10-09
The Economics Of Intellectual Property
In recent years, the significance of ideas and innovations has increased in the business domain. Today, it has become one of the pivotal drivers of organizational success. Creation of ideas requires large investments. This necessitates the protection of ideas and innovations, often known as intellectual property. The paper examines different...
Tags: University of Pennsylvania, intellectual property, innovation, strategy
Presentations 2003-01-01
Innovationa And Limitations With And Without Intellectual Property Rights
The literature on innovation and intellectual property rights such as patents and copyright has tended to assume the pure nonrivalry of 'Ideas ideas' and other intellectual goods. Yet this is at odds with an extensive set of empirical facts, most prominent the evidence that returns from innovation are appropriated primarily...
Tags: Leadership, Strategy, University of Cambridge, intellectual property right, intellectual property, innovation, absence, patent
White papers 2006-12-07
The Political Economy Of Intellectual Property Protection: The Case Of Software
The end of the twentieth century was marked by a sea change in global governance in the realm of Intellectual Property Rights IPRs. Whereas countries historically retained substantial autonomy with regard to what they defined as intellectual ''Property'' and the rights granted to the owners of intellectual property, the 1990s...
Tags: Yale University, intellectual property right, intellectual property, intellectual property protection, software
White papers 2005-01-28
Intellectual Property Access Systems
This paper reviews and compares patent pools and intellectual property clearinghouses as alternative systems for increasing the efficiency of access to intellectual property. These systems improve economic efficiency in downstream research and development by economizing on search and transaction costs faced by potential licensees, and by mitigating externalities among owners...
Tags: intellectual property, R&D
White papers 2007-03-01
Intellectual Property Protection and Leveraging Analysis
Article explains about the competitive strategy of intellectual property. Despite the critical importance of the role of intellectual property and intangible assets as key components of the net worth and overall shareholder value of many fast-track growth and established businesses, many entrepreneurs fail to appreciate and take inventory of the...
Tags: Asset management, intellectual property, asset, strategic analysis, entrepreneur, intellectual property protection, competitive strategy, audit, shareholder, analysis
White papers 2003-01-01
Knowledge Management Is a Person-to-Person Enterprise
Knowledge management reflects the high value of intellectual property, whether or not it is in patents or protected by other legal instruments. Intellectual property is increasingly regarded by economists and business people as a most important asset right up there with land, labor and capital. Knowledge provides the competitive edge....
Tags: Strategy, Business intelligence, Asset management, Gale Group, knowledge management, intellectual property, knowledge, asset
White papers 2001-05-01
The Relationship Between Intellectual Property Law And Competition Law: An Economic Approach
This paper presents an economic analysis of the relationship between Intellectual Property IP Law and Competition Law. Contrary to some of the debate, this analysis emphasises the separation of IP Law and Competition Law: IP law should concern itself with assigning and defending intellectual property rights, while Competition Law should...
Tags: Intellectual Property, Research & Development, Business Operations
White papers 2004-06-01
Protecting The Intellectual Core Of A Business
An organization is made up of people. The employees use their intellect at every point of time in taking the organization forward. The combined intellectual faculty of the organization is, therefore, precious for the organization. In this scenario, healthy core management of a new companys intellectual property assumes significance. For...
Tags: intellectual property
White papers 2001-10-01
The Political Economy Of Intellectural Property Protection: The Case Of Software
The end of the 20th Century was marked by a sea change in global governance in the realm of Intellectual Property Rights IPRs. Whereas countries historically retained substantial autonomy in this policy domain, the 1990s witnessed the establishment of new global obligations regarding national practices for the treatment of intellectual...
Tags: London School of Economics, intellectual property, intellectual property right, software
White papers 2003-01-01
The Political Economy Of Intellectual Property Treaties
Intellectual property treaties create two types of obligations: for national treatment of foreign inventors and for certain harmonized protections. The author investigates both the incentive to join such treaties and the incentive to harmonize. As compared to an equilibrium in which the countries' policy makers make independent choices, harmonization will...
Tags: University of California, treaty, intellectual property, incentive, analysis
White papers 2004-08-06
Protecting Your Company's Assets
The time to think about keeping company trade secrets and proprietary company data secure is todayand every day. HR professionals play an integral role in securityspecifically during the hiring process and the new employee orientation program. New employee orientation is a good place to begin the educational process regarding security...
Tags: HR Web Centre, intellectual property, hiring, security, asset
White papers 2003-08-31
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