How does a CEO influence research and development (R&D) in Nanotechnology?
The CEO plays a pivotal role in shaping the company's R&D strategy. They must: - Identify Key Areas: Pinpoint the most promising areas for research that align with market demands. - Allocate Resources: Ensure adequate funding and resources are directed towards high-potential projects. - Foster Collaboration: Promote partnerships with academic institutions, government agencies, and other industry players. - Risk Management: Balance the risks and rewards associated with pioneering new technologies.
