Intellectual Property (IP)
Any base of knowledge that was developed for a particular company or entity. Usually, if you work for a technical company you have to sign some sort of agreement that states that any work you do or ideas you have while on company time are that company’s intellectual property. As you can imagine, the possession and retention of intellectual property is a lawsuit-laden endeavor. For example, the intellectual property of a software company is not only its software, but also the ideas behind the software, and the methods used to program the software, and just about anything you can imagine about the software.
Any base of knowledge that was developed for a particular company or entity. Usually, if you work for a technical company you have to sign some sort of agreement that states that any work you do or ideas you have while on company time are that company’s intellectual property. As you can imagine, the possession and retention of intellectual property is a lawsuit-laden endeavor. For example, the intellectual property of a software company is not only its software, but also the ideas behind the software, and the methods used to program the software, and just about anything you can imagine about the software.
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