Competitiveness is a critical issue for both small and large companies. In order to be more competitive, these companies must work toward:
Reducing the cost and risk of pre-competitive R&D;
Acquiring a stronger voice in directing R&D;
Staying at the forefront of technology and expanding their technical knowledge base;
Leveraging available funds and information resources;
Protecting proprietary technologies and capabilities;
Gaining access to complementary technical expertise and facilities that can help today, as well as in the future;
Acquiring new patents or licensing agreements; and
Launching new products or spin-off companies.
Collaborative partnerships can help to focus resources on vital, higher-risk research and can help to ensure that the resulting technologies are successfully commercialized, thereby cleaning the air, conserving resources, strengthening our economy, and improving our quality of life.
By focusing on process and energy efficiency, U.S. industry can maximize and leverage their resources to tackle projects that would otherwise be beyond their reach. Once commercialized, the resulting technologies benefit all members of industry by:
Saving energy and materials;
Facilitating cost-effective compliance with environmental regulations;
Increasing productivity and reducing waste;
Enhancing product quality;
Reducing production costs (and creating a ripple effect throughout the U.S. economy); and
Boosting competitiveness in the global marketplace.