What are the Challenges of Open Innovation in Nanotechnology?
Despite its benefits, open innovation in nanotechnology also faces several challenges:
IP Management: Collaborations can complicate the management of intellectual property rights. Coordination: Managing collaborations between multiple organizations can be complex and require significant effort. Trust Issues: Establishing trust among partners is crucial for successful collaboration. Regulatory Hurdles: Nanotechnology is subject to stringent regulations, which can vary by region and complicate international collaborations. Resource Allocation: Ensuring that all partners allocate sufficient resources to the collaboration can be challenging.
