What are the benefits of IP protection in Catalysis?
IP protection in catalysis offers several benefits:
Incentivizes Innovation: Protecting IP encourages researchers and companies to invest in new catalytic processes and technologies. Commercialization: Patents and IP rights facilitate the commercialization of new catalytic technologies by providing legal protection against unauthorized use. Monetary Returns: Companies can license their technologies or enter into joint ventures, generating revenue from their innovations. Competitiveness: IP protection helps maintain a competitive edge by preventing competitors from copying or using the patented technologies.
