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Patents and Strategic Inventing: The Corporate Inventor’s Guide to Creating Sustainable Competitive Advantage by Nicholas Nissing

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CHAPTER 1INTELLECTUAL PROPERTY: THE REAL ESTATE OF YOUR MIND

One of the most confusing aspects of patents and intellectual property is the terminology. This is one area in which attorneys really do have a language of their own, which can make it difficult for those who aren’t legal specialists to understand the issues. One goal of this book is to introduce you to the words and phrases that you’ll need to understand in order to recognize opportunities and issues related to patents and inventing.

The phrase intellectual property refers to a group of legally defined categories of things that would be difficult to own in the traditional sense of ownership. In particular, you can think of intellectual property (IP) as defining the boundaries of the ...

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