Demystifying the accelerating research and product development process of nanotechnology, this book employs illustrations and lucid explanations to examine the integration and exploitation of intellectual property rights (IPR) as a tool in research and development, technology transfer, and safe commercialization. Requiring no prior legal experience of readers, it illuminates the nuances and integral role of IPR in technology development, from product inception through commercialization. This indispensible book destroys illusions in the minds of stakeholders and builds confidence to establish a framework for an agile, working model for product development.