- A patent is an exclusive right granted for an invention, which is a product or a process that provides a new way of doing something, or offers a new technical solution to a problem. A patent provides protection for the invention to the owner of the patent. A patent owner has the right to decide who may - or may not - use the patented invention for the period in which the invention is protected. The patent owner may give permission to, or license, other parties to use the invention on mutually agreed terms.
- Private Equity
- Private equities are equity securities of companies that have not "gone public" (in other words, companies that have not listed their stock on a public exchange). Any investor wishing to sell securities in private companies must find a buyer in the absence of a marketplace. Investors in private securities generally receive their return through one of three ways: an initial public offering, a sale or merger, or a recapitalization.
- Public Private Partnership - PPP
- A Public Private Partnership (PPP) is a partnership between the public and private sector for the purpose of delivering a project or service traditionally provided by the public sector.
- Public Research Organisation - PRO
- Universities, Research and Technology Organisations and other publicly-funded bodies carrying out research and/or development work that can achieve broader application and benefit.