Intellectual Property (IP) is considered a top asset of any company and should be handled accordingly. IP encompasses rights that are protected legally by, among other protections, patents and copyrights. Federal statutes permitting patenting an invention and obtaining a copyright have been enacted under the authority of Article 1, Section 8, Clause 8 of the U.S. Constitution. It is important to have a good understanding of intellectual property and data rights to ensure that IP assets of a company are recognized and protected. Additional information on IP and data rights can be found in the Defense Federal Acquisition Regulation Supplement (DFARS):
Additional information on intellectual property can be found in Appendix B of the CTTSO Technology Transition Handbook.