What are the Benefits of Private Sector Involvement?
Private sector investment in catalysis offers several benefits:
Innovation: Companies often have the resources to explore new avenues in catalysis, leading to groundbreaking technological advancements. Commercialization: Private companies are usually more adept at bringing new products to market, ensuring that innovations are accessible to various industries. Funding: The private sector can provide substantial funding for research, which is often more significant than public sector funding. Collaboration: Private companies frequently collaborate with academic institutions, leading to a symbiotic relationship that benefits both parties.
