Why are Exclusivity Clauses Important in Catalysis?
Exclusivity clauses are crucial in catalysis for several reasons:
1. Protection of Intellectual Property: Catalysts often involve complex and proprietary formulations. An exclusivity clause ensures that these formulations are not disclosed or used without permission. 2. Market Advantage: By restricting the use of a unique catalyst to one entity, companies can secure a competitive edge in the market. 3. Investment Security: Investors are more likely to fund research and development if they know that the resulting technology will be protected from competitors.
