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A '''Multistakeholder Model''' is an organizational framework or structure which adopts the multistakeholder process of governance or policy making which aims to bring together the primary stakeholders such as businesses, civil society, governments, research institutions and non-governments organizations to cooperate and  participate in the dialogue, decision making and taking action in providing solution to a problem or in achieving a common goal. A stakeholder refers to an individual, group or organization that has a direct or indirect interest or stake in a particular organization. It is affected or it has the ability to contribute or influence the organizations actions, decisions and policies to achieve results.<ref>[http://www.investorglossary.com/stakeholder.htm Stakeholder Definition]</ref>

A '''Multistakeholder Model''' is an organizational framework or structure which adopts the multistakeholder process of governance or policy making which aims to bring together the primary stakeholders such as businesses, civil society, governments, research institutions and non-governments organizations to cooperate and  participate in the dialogue, decision making and taking action in providing solution to a problem or in achieving a common goal. A stakeholder refers to an individual, group or organization that has a direct or indirect interest or stake in a particular organization. It is affected or it has the ability to contribute or influence the organizations actions, decisions and policies to achieve results.<ref>[http://www.investorglossary.com/stakeholder.htm Stakeholder Definition]</ref>