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Intellectual property (IP)

Definition

The legal category covering intangible creations of the mind that receive some form of legal protection. The four main types are patents (inventions), copyrightcopyrightLegal protection for original creative works (books, code, art). Automatic at creation. Different from patents, which protect inventions.Read more → (creative works), trademarks (brand identifiers), and trade secrets (confidential business information). Each type has different rules, durations, and protections — and they can overlap on the same product.

Where this comes up

What Is a Patent?Which IP Do I Need?Patent vs Trade Secret

In practice

Patents that use “Intellectual property (IP)

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Related terms

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Cross-referenced

Public domain

The status of an invention (or creative work) that is no longer — or never was — protected by any intellectual property rights, meaning anyone can use it freely. Patents enter the public domain after expiration (typically 20 years from filing for utility patents). Expired patents represent a vast, free library of technology available to all. Many foundational technologies — aspirin, the original CRISPR patents — have entered or are approaching the public domain.

Injunction

A court order stopping an infringer from making, using, or selling the infringing product. After eBay v. MercExchange, injunctions are no longer automatic — the patent owner must show irreparable harm and that money damages are inadequate.

Information disclosure statement (IDS)

A filing in which a patent applicant tells the USPTO about the prior art they are aware of. Applicants have a duty of candor to disclose known material references; failing to do so can render the resulting patent unenforceable for inequitable conduct.

Independent claim

A claim that stands on its own and does not reference any other claim. An independent claim defines the broadest scope of protection for a particular aspect of an invention. Most patents have one to three independent claims, each capturing the invention from a different angle, with multiple dependent claims narrowing each one.

Infringement

The unauthorized making, using, selling, or importing of a product or process that falls within the scope of a valid patent's claims. Infringement is determined by comparing each element of a patent claim to the accused product or process. If every element is present — literally or under the doctrine of equivalents — infringement exists.

Inter partes review (IPR)

An administrative proceeding at the PTAB that allows any person to challenge the validity of an already-granted patent based on prior art in patents or printed publications. IPR is significantly faster and cheaper than district court litigation. Roughly 60% of patent claims that reach a final decision in IPR are canceled. Large companies frequently use IPR to challenge startup patents without going to court.

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