A patent is a set of exclusive rights to an invention granted by the government to an inventor or assignee for a limited amount of time in exchange for disclosing the details of the invention in the patent document. A patent gives the patent owner rights to exclude others from making, using, selling, offering to sell, or importing the invention covered by the patent.
Trademarks are often used by individuals or businesses to uniquely identify themselves and to create brand recognition and subsequent customer loyalty. A trademark is a distinctive feature that is used to distinguish one product or service from another. Copyright is a set of rights that gives an author of original work the exclusive rights to that work.
IP licensing, strategies, and management allow a company to effectively monetize and leverage its patent portfolio. This work include freedom-to-operate analysis, invalidity analysis, patentability analysis, enforcement of IP, conducting IP reporting compliance, performing IP due diligence on issues relating to an M&A transaction, and registerability analysis of trademarks.