Proprietary Technology

A process, tool, system or similar item that is the property of a business or an individual and provides some sort of benefit or advantage to the owner. Companies that are able to develop useful proprietary technologies in-house are rewarded with a valuable asset: they can either use it exclusively or profit from the sale of licensing of their technology to other parties.

For example, let's say a biotech company successfully develops a new drug to treat a major disease. By patenting the process, method and end result of the drug, the company is able to reap substantial rewards from its efforts to develop its proprietary technology.

In some industries, proprietary technologies are a key determinant of success. As a result, they are guarded closely within a corporation and are protected legally by patents and copyrights.


Investment dictionary. . 2012.

Look at other dictionaries:

  • Proprietary technology — is a process or solution that belongs exclusively to a particular organization, and is meant to be used exclusively for that organization s benefit.Proprietary Technology is to technical solutions what Registered Trademark is to proper… …   Wikipedia

  • Proprietary — The word proprietary indicates that a party, or proprietor, exercises private ownership, control or use over an item of property.Terms relating to Proprietary include: *Proprietary bottling *Proprietary church *Proprietary colleges *Proprietary… …   Wikipedia

  • proprietary — [[t]prəpra͟ɪ͟ətri, AM teri[/t]] 1) ADJ: ADJ n Proprietary substances or products are sold under a trade name. [FORMAL] ...some proprietary brands of dog food... We had to take action to protect the proprietary technology. Ant: generic 2) ADJ… …   English dictionary

  • Proprietary colleges — are American for profit colleges and universities. They are operated by their owners or investors, rather than a not for profit institution, religious organization, or state or local government. Sometimes a proprietary college may also overlap… …   Wikipedia

  • Proprietary format — A proprietary format is a file format where the mode of presentation of its data is the intellectual property of an individual or organization which asserts ownership over the format. In contrast, a free format is a format that is either not… …   Wikipedia

  • Technology evangelist — A technical or technology evangelist is a person who attempts to build a critical mass of support for a given technology in order to establish it as a technical standard in a market that is subject to network effects.Fact|date=December 2007… …   Wikipedia

  • Proprietary DVR — DVRs, or Digital Video Recorders, are devices which record video to a hard drive. The term Proprietary DVR refers to exclusive methodologies used to maintain commercial control over the DVR format and prevent third party copying of a particular… …   Wikipedia

  • Technology Resource Mobilization Unit — The Technology Resource Mobilization Unit, also known as TReMU or Linux Force, is part of an effort to overcome proprietary computer technology in Pakistan.In 2002 the government initiated a task force, composed primarily of volunteers, to… …   Wikipedia

  • History of science and technology in the People's Republic of China — For more than a century China s leaders have called for rapid development of science and technology, and science policy has played a greater role in national politics in China than in many other countries. China s scientific and technical… …   Wikipedia

  • SmartCell Technology — SmartCell Technology, LLC is a mobile applications developer with its headquarters in Irvine, California, United States, and a development center in Shanghai, China. Commonly referred to as SmartCell for short, the company was founded in 2001 by… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.