Intellectual Property Intellectual property (IP) consists of art, books, films, formulas, inventions, music, and processes that are distinct and owned or created by a single person or group, and can be protected through copyright, patent, and trade secret laws. (Reynolds 220) The protection of the ownership of a corporation’s intellectual property is one of the fundamental responsibilities of the corporation’s legal team. Intellectual Property Right When a client purchases services from an engineering, technology, or construction company, it usually requires an agreement (or specific clause in a general agreement) between the client and the company to address the use of the IP from both the company and client. (Frey and Frazier) The client’s IP usually includes the definition, location, capacity, and type of facility being requested,...