Why Are Business Partnerships Important in Catalysis?
Business partnerships are essential in catalysis due to several reasons:
Resource Sharing: Collaborations allow partners to pool resources, such as funding, expertise, and equipment, which can accelerate research and development. Risk Mitigation: By sharing the risks associated with R&D and commercialization, partners can undertake more ambitious projects. Market Access: Partnerships can provide access to different markets and customer bases, enhancing the reach of catalytic innovations.