According to Hasson, the framework has become “the preferred route for many corporations for mutual R&D projects with Israeli companies.”
The Global Enterprise R&D Cooperation framework offers a unique plan for technological cooperation between Israeli companies and multinational corporations. According to the framework, the OCS assists such corporations by locating Israeli technologies that fit their needs and provides financial support to finance the R&D project. The corporations support the project in equal value – either by investing funds in the R&D and/or allocating the necessary resources and means.
In this way the corporations benefit from cutting-edge innovative technology being developed according to their specific needs and the Israeli companies benefit from the potential growth and global opportunities becoming available by partnering with the corporations.
DuPont (NYSE: DD) has been bringing world-class science and engineering to the global marketplace in the form of innovative products, materials, and services since 1802. The company believes that by collaborating with customers, governments, NGOs, and thought leaders we can help find solutions to such global challenges as providing enough healthy food for people everywhere, decreasing dependence on fossil fuels, and protecting life and the environment. For additional information about DuPont and its commitment to inclusive innovation, please visit http://www.dupont.com.
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