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05.19.11 NPD Glossary

Intellectual Property (IP)

Information, including proprietary knowledge, technical competencies, and design information, which provides commercially exploitable competitive benefit to an organization.  IP strategies normally include patents, trademarks, copyrights, or trade secrets.

For more terms related to innovation see the  new product development glossary.

For additional information on intellectual property, patents, and innovation strategic planning, you will want to read these posts at The Idea Incubator.

  • Patents and Technology
  • Economics of Innovation
  • Now is the time for Open Innovation

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Tags: intellectual property, IP

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