How can industry-academia collaboration mitigate economic constraints?
Collaboration between industry and academia can help mitigate economic constraints in catalysis. Academic institutions often possess the expertise and resources for fundamental research, while industry partners can provide practical insights and funding for applied research. Joint efforts can accelerate the development of cost-effective catalysts and processes, facilitate technology transfer, and share the financial burden of innovation. Industry-academia partnerships can thus play a crucial role in overcoming economic barriers.