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Everything you need to navigate IP and commercialization at BC.

IP Primer — Key Terms to Know 

Patent

A legal right granted for an invention — gives the holder exclusive rights to make, use, or sell it for a set period.

Trade Secret

Confidential business information that provides a competitive edge — protected as long as it remains secret.

Tangible research property

Test

Copyright

Automatic protection for original creative works — software, writings, educational content, and artistic works.

License

A legal agreement that lets someone else use your IP under specific terms — how OTTL commercializes most BC inventions.

Federal Funding — SBIR / STTR

Federal programs that fund commercialization of research. OTTL can help with eligibility and applications.

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