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IMS
facilitates international partnerships
Significant
leverage for research funding
Shared
cost and risk
SMEs
gain global exposure, new opportunities
Large-scale
technology trails |
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IMS facilitates international partnerships and provides a platform
to combine complementary skills. IMS provides access to technology
that might not be available within a region and offers the possibility
to address leading-edge production challenges.
IMS affords each project partner significant leverage
in their research funding. This continues to be the classic challenge
for all organisations, large and small. IMS provides the vehicle
by which each organisation can pool its resources with others within
one or more project consortia stretching the value of an individual
organization's funding. One participant commented that their company¡¯s
research dollars were multiplied almost four-fold.
Through cooperation in IMS, costs, burdens and
risks related to R&D can be reduced and shared. By combining
end-users of manufacturing technologies with advanced technology
producers and research institutions, IMS research is industry-driven
and focused on real-world issues ensuring the market relevance of
technology improvements.
For smaller businesses, IMS offers the opportunity to "go global"
safely and effectively. The IMS Intellectual
Property Rights (IPR) provisions enable small businesses
to cooperate effectively and on an equal footing with large firms.
New market opportunities will arise through improved market intelligence.
International cooperation also provides better visibility, and contacts
that can lead to new opportunities for further collaboration and
other, indirect benefits.
One participant commented that as an SME, the opportunity to work
alongside international companies would have never been possible
without IMS. Not only do they benefit from the research results,
but they also have an opportunity to become part of a global supply
chain.
IMS offers technology trials on a large-scale basis, involving a
global user community and ensuring general applicability of the
technology developed. Inter-regional cooperation in IMS can contribute
to global diffusion of manufacturing technologies, including the
development of new international manufacturing standards.
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Better
return for public funds
Influence
direction of innovation
Improves
social welfare |
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IMS can facilitate a better return of pu2007-06-03blicly funded R&D, and
is an excellent vehicle for solving problems common to manufacturing
industries in all regions including environment, sustainable development,
safety and quality of industrial life. By sharing research funding
with other entities, the investment is just a fraction of the normal
costs.
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