Private research institutes

Private research institutes are organizations that conduct scientific research and development funded by private sources rather than government grants. These institutes often focus on specific fields such as medicine, technology, or engineering, and aim to advance knowledge, create new products, or solve complex problems. They may collaborate with universities and businesses, and their findings can lead to innovations that benefit society. Unlike public research institutions, which typically have public oversight, private research institutes operate independently, leading to more flexible research agendas driven by market demands or specific interests.