Contract in example sentence

Normal technology or innovation happens like this: Somebody has an interesting idea, some other scientist or engineer, they take it to the next level, they make a theory about it and maybe they patent it, and then some industry will make a contract of exclusivity to manufacture and sell it, and then, eventually, a buyer will buy it, and we hope that they are going to use [it] for a good purpose.

More example sentences with word contract

We'll make it part of the contract."

And that was a stroke of absolute genius, because what they did was they harnessed the power of the contract, private power, to deliver public goods.

And let's face it, the contract from a major multinational brand to a supplier in India or China has much more persuasive value than the local labor law, the local environmental regulations, the local human rights standards.

But you lose that contract for a major brand name, that's the difference between staying in business or going bankrupt.

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