National Intellectual Property Management Office (NIPMO) is the implementing office of the Intellectual Property Rights from Publicly Financed Research & Development Act (IPR Act ) in South Africa. NIPMO aims to ensure that recipients of funding from a government funding agency assess, record and report on the benefit to society of IP emanating from publicly financed R&D. Recipients must protect IP emanating from publicly financed R&D from appropriation and ensure that it is available to the people of South Africa. A recipient must identify commercialisation opportunities for IP emanating from publicly financed R&D. Human ingenuity and creativity must be acknowledged and rewarded: the people of South Africa, particularly small enterprises and BBBEE entities, must have preferential access to opportunities arising from the production of knowledge from publicly financed R&D and the resultant IP.