Parti Background material

Obtain a copy of this standard, review the standard and the background materials about it, and discuss it with senior management and legal counsel so that all parties are aware of what is expected. A legal opinion written by corporate counsel would also be a prudent action to take. 

What I learned is that the more you put in, the more you get out (Box 5.15). If all you do is write a check and wait for the results to come a year later, that is not going to work well. You can measure the amount of dollars you put in at an institute you can look at the amount of facilities, materials, and the equipment you have built and you can look at how much background work you put in, how much expertise the two parties put in, the commitment from the teams, and whether decisions are made quickly. Do you recognize the people when successes are realized, and, most importantly, do you meet the expectations of the parties going into the partnership ... 

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