TTI - benefits to industry
The primary party to benefit from collaborative R&D projects is of course the industry partner itself, as these projects are designed to facilitate and support industry in technology developement, in product realisation and in deepening R&D within the successful company.
Improving the performance of industry in Ireland is a critical outcome of this programme. The key to achieving this is to ensure the research outcomes are embedded into companies as effectively as possible.
Advantages to collaborating with NUI Galway:
- It enables Industry to access expertise not available within the company.
- Building relationships & developing partnerships.
- Company will develop innovation through collaborative research with NUI Galway which can lead to greater market share and increased profits.
- Knowledge transfer takes place with ease, speed and security.
- The Innovation Partnership collaborative scheme supports and encourages industry to become aware of the skills and expertise in NUI Galway.
- Access to resources, facilities and leading-edge technology developments.
- Sharing of cost and risk makes it a cost-effective approach to new product or process development.
- Saving R&D time, costs and resources that may not be available in some companies.
Leagan Gaeilge
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