What is intellectual property (IP)? - Definition from WhatIs.com

Definition

intellectual property (IP)

Part of the Software development glossary:

What is intellectual property (IP)?

Intellectual property (IP) is a term for any intangible asset -- something proprietary that doesn't exist as a physical object but has value. Examples of intellectual property include designs, concepts, software, inventions, trade secrets, formulas and brand names, as well as works of art. Intellectual property can be protected by copyright, trademark, patent or other legal measure.

Learn More about IT:
> Wikipedia has an entry about the history and details of intellectual property laws.
> The World Intellectual Property Organization provides more information about intellectual property.

This was last updated in March 2010
Posted by: Margaret Rouse

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