Research Frontiers for the Chemical Industry: A Report on the Third Annual CHF-SCI Innovation Day, Warren G. Schlinger Symposium
Research Frontiers for the Chemical Industry series
2007, Chemical Heritage Foundation
Softcover, 8.5 x 11, Product #1-52569-001-4
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Competition is becoming ever fiercer in the chemical industry as new firms from such emerging economies as China and India enter the market and as technological advances, potential new regulations, and rising energy and feedstock costs shrink profit margins. Companies manufacturing commodity products are particularly vulnerable to these forces. Yet chemical firms are also discovering that cooperation, even between competitors, is necessary for meeting today’s challenges.
Today’s market dilemmas and innovation systems are too complex for any one organization. Network building is therefore central to continued innovation. Successful networks must include competitors working in partnership. This report summarizes the third annual CHF–SCI Innovation Day and describes a variety of partnerships among chemical and materials firms that combine cooperation and competition in novel, forward-looking ways.
About Innovation Day
Innovation Day brings young innovators and industry leaders together to celebrate innovation in the chemical industry today and seek solutions for tomorrow’s challenges.