What are the Challenges Associated with Evergreening in Catalysis?
While evergreening offers many benefits, it also presents challenges:
- Research and Development Costs: Developing new catalysts or improving existing ones can be expensive and time-consuming. - Patent Issues: Evergreening can lead to complex patent landscapes, making it difficult for new entrants to navigate and potentially stifling innovation. - Regulatory Hurdles: New or modified catalysts may face regulatory scrutiny, especially in industries such as pharmaceuticals and food production. - Market Acceptance: Convincing the market to adopt new catalysts can be challenging, especially if the existing catalysts are well-established and proven.
