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Choosing Collaboration Wisely: Fund or Not Fund?

Discover when to opt for funding in collaborative projects with other organizations and when it’s best to abstain. Explore the benefits and drawbacks, based on your profile as an academic institution, a developing company, or an end user. Uncover the long-term strategic versus short-term market-oriented considerations. Gain insights on time-to-market, competitors, funding advantages, risk mitigation, research partnership benefits, and market expansion opportunities. 8

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Choosing Collaboration Wisely: Fund or Not Fund?

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  1. When to go for funding • and when not

  2. When to go for funding and when not • There are many reasons to participate in a project with other organisations, and jointly engage in research and development activities. • But then again, there are also reasons against. • So, why would you consider to go for a collaborative project ?

  3. Your profile • You are either • an academic institution, or • a developing company (e.g. software, hardware), or • an ‘end user’ (e.g. a manufacturer, a utility, a museum)

  4. Long-term, strategic approach Short term, market oriented approach Pro and Contra • CONTRA • ‘Time to market’ very long ( > 3 years) • Competitors within the project • ... • PRO • Substantial Funding • Lower risk for new developments • Profit from research partners • Build new markets with the partners • ...

  5. Pro and Contra • As an academic institution you can only win • As an IT company you can • engage in strategic development • create new markets • As an end user you can learn about new solutions

  6. Questions ?

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