Businesses can leverage catalysis in several ways:
- Innovation and Development: Investing in R&D to create novel catalysts that are more efficient and sustainable can lead to significant competitive advantages. - Licensing and Patents: Companies can monetize their innovations by licensing their catalytic technologies or securing patents. - Collaborations: Partnering with academic institutions and research organizations can accelerate the development of new catalytic processes. - Market Expansion: Exploring new markets, such as renewable energy and biocatalysis, can open up additional revenue streams.