This webinar is the third in a 6-part series on the IP Guidebook for DoD Acquisition and covers the foundations of the IPS: Participants will strengthen their understanding of IP and how it affects a program throughout its lifecycle by consideration of these topics: Fundamental Concepts of IP: Building Blocks of IP Acquisitions, IP and Return on Investment, IP and Competition, Modular Open System Approaches (MOSA), Standard DFARS Data Rights, Special Categories of Data, the Funding Test, The doctrine of Segregability and Modular Licensing, and Misconceptions about IP and Data Rights.