Financial forces lead American industry to plan within a time frame that is too short to be compatible with scientific discovery. Evironmentally benign syntheses and processes are an opportunity for academic research. Industry is dropping its earlier support for in-house basic research. Large and small industries see the world differently. Understanding the interface 3.1.The academic world can be the most creative.
Industry has the task of commercializing ideas.
3.2.Two way flow of information is critical. This point may sound obvious, but it is to often not fully understood, or certainly not fully acted upon. 3.4.Knowledge transfer and technology transfer. 3.5.Traditional knowledge transfer via publications does not lead to close interactions with industrial scientists. 3.6.Basic research is a fertile field for invention, ensuring the academic patent activity can increase.