monitoring regulatory changes

How Do Regulatory Changes Influence Research and Development?

Regulatory changes can have a direct impact on research and development (R&D):
1. Funding Opportunities: New regulations may open up funding opportunities for developing compliant technologies.
2. Innovation: Regulations can drive innovation by necessitating the development of new catalysts that meet more stringent standards.
3. Collaboration: Collaborative research projects may be encouraged to address regulatory challenges collectively.

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