What is Intellectual Property?
Intellectual Property meaning Creative works or ideas embodied in a form that can be shared or can enable others to recreate, emulate, or manufacture them. Intellectual property is protected by state and federal laws governing inventions, patents, trademarks, unfair competition, copyrights, trade secrets, data and Technical Data, the right of publicity, and new plant varieties. Examples of intellectual property are: inventions; patents; copyrights; designs; know-how; business, technical, and research methods; and other types of intangible business assets such as goodwill and brand recognition. An SBC’s intellectual property may include what it proposes and/or generates in its participation in the SBIR/STTR programs.
reference: Glossary of NIH Terms