How Does Competition Impact Research and Development?
High competition in catalysis drives innovation but also presents several challenges:
Collaborations and Partnerships: To stay competitive, many researchers and companies form collaborations and partnerships. This allows sharing of knowledge, resources, and expertise to accelerate development. Publication Pressure: Researchers face significant pressure to publish their findings in high-impact journals. This can lead to rushed experiments and potential issues with reproducibility. Patenting and Intellectual Property: Securing patents for new catalysts and processes is crucial for commercial success. The race to patent innovations can sometimes result in legal disputes and challenges.