How Does Funding Impact the Commercialization of Catalytic Technologies?
Funding is a critical factor in the commercialization of catalytic technologies. Early-stage research may be supported by government grants, while later stages often require private investment to scale up and bring products to market. Successful commercialization not only generates economic benefits but also brings innovative solutions to real-world problems, such as reducing greenhouse gas emissions or developing more efficient chemical processes. The transition from research to commercialization often involves navigating regulatory requirements, which can also be facilitated by adequate funding.
