TemplateFREEโฑ๏ธ 30-60 minutes
Intellectual Property Review Checklist for Product Features
Free IP review checklist for product managers. Covers patent risks, trade secrets, open source licensing, and AI-generated content with a filled SaaS example.
IPBy IdeaPlan Editorial ยท Methodology
Updated 2026-03-04
Get this template
Choose your preferred format. Google Sheets and Notion are free, no account needed.
Frequently Asked Questions
When should PMs conduct an IP review?+
Conduct an IP review during the design phase, before engineering starts building. The earlier you catch IP risks, the cheaper they are to resolve. A design-around in the planning stage costs hours. A redesign after launch costs sprints. Litigation costs years. At minimum, review IP risks for any feature that involves: new algorithms, AI/ML models, third-party data, open source dependencies, or entry into a new product category.
What is the PM's role in IP protection?+
PMs are not IP attorneys. Your role is to surface risks, not evaluate them. Run this checklist, flag items that seem risky, and bring them to legal. PMs also play a key role in identifying patentable innovations within their product. If your engineering team builds a novel approach to a hard problem, document it and file an invention disclosure. Many companies have inventor incentive programs that reward this. See the [Product Strategy Handbook](/strategy-guide) for how IP fits into competitive positioning.
How do you handle open source license conflicts?+
The most common conflict is using a GPL-licensed library in a proprietary product. GPL requires that derivative works also be open-sourced. If this conflicts with your business model, you have three options: find an alternative library with a permissive license (MIT, Apache 2.0), isolate the GPL code in a separate service (the "GPL firewall" approach), or negotiate a commercial license from the library maintainer. Use the [Open Source Audit Template](/templates/open-source-audit-template) for a thorough dependency review.
Who owns AI-generated content?+
This is an evolving legal area. In most jurisdictions, AI-generated content has unclear copyright status. The US Copyright Office has stated that purely AI-generated works cannot be copyrighted. Outputs that involve "sufficient human authorship" (editing, selecting, arranging) may qualify. For products that generate content for customers, your [terms of service](/templates/terms-of-service-review-template) should clearly define who owns the output and what rights are granted.
What is the difference between a patent and a trade secret?+
A patent grants you a 20-year monopoly on an invention in exchange for public disclosure. A trade secret protects confidential information indefinitely but only as long as it remains secret. Choose patents for innovations that competitors could independently discover or reverse-engineer. Choose trade secrets for processes that are hard to detect from outside (algorithms, internal scoring models, data pipelines). Many companies use both: patent the user-facing innovation, keep the backend optimization as a trade secret. ---
Explore More Templates
Browse our full library of PM templates, or generate a custom version with AI.