Despite their benefits, industry consortia also face several challenges, including:
Intellectual Property Management: Balancing the need for open collaboration with the protection of intellectual property can be complex, requiring clear agreements and policies. Funding and Sustainability: Securing and maintaining funding for long-term projects can be challenging, particularly as government priorities and industry interests evolve. Coordination and Communication: Effective coordination and communication among diverse members are essential for the success of collaborative projects but can be difficult to achieve.
