Intellectual Property software (IP)IP Intellectual property (IP) software is software protected by copyright, patents, or trade secrets. This protection grants the owner exclusive rights to control how the software is used, copied, distributed, or modified. The company developed new IP software to gain a competitive edge in the market. Finding a specific legal case example for IP software might be difficult due to its broad nature. However, many legal disputes involve copyright infringement of software. ← Back to BrowseNext Term →