CRDF's Services for Accessing Global Innovation
Feb 07, 2007
Establishing international research and development (R&D) partnerships allows companies to leverage limited resources, broaden R&D capabilities, and access innovative technologies. This is particularly important for small to mid-size companies facing the challenge of finding suitable partners in a foreign country, maneuvering through customs and government bureaucracy, understanding local culture and practices, and establishing payment mechanisms. These obstacles can often push global collaboration out of reach.