Author: Cyrus Mody
Publisher: Chemical Heritage Foundation
ISBN: 9781437952537
Category : Technology & Engineering
Languages : en
Pages : 32
Book Description
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. 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 org. Successful networks must include competitors working in partnership. This report describes a variety of partnerships among chemical and materials firms that combine cooperation and competition in novel, forward-looking ways.