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"Foreground intellectual property" is commonly the new intellectual property which is developed arising out of a relationship between two companies collaborating together. Contrasted with "Background Intellectual Property" which would be the intellectual property developed independently by each individual company prior to entering into the collaboration relationship. If two companies are collaborating together, they both may contribute background intellectual property from previous work they have done (and which they will normally own themselves but licence to the other for the purposes of developing the new product) - together the new product they develop which arises out of the collaboration and the background IP will form foreground intellectual property.

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Q: What is the foreground intellectual property?
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