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Ipglossary.com is a practical glossary for managers, executives and technologists as well as lawyers working in IP in an international environment. The glossary provides practical explanations of key legal and business terms in a large number of technology related fields including intellectual property, licensing, venture capital, corporate and securities law, antitrust and competition law, and of course terms relevant to technology, in general. Read more

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Open Source

Software for which the source code is made available to users so that it can be modified and customized. Open source software is usually subject to a simple “public license” or a disclaimer of intellectual property rights. One meaning for “open source” is that the source code that would normally be kept confidential by the software house is disclosed to the public; open source software should not therefore be regarded as automatically subject to a public license or free.

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