The Exploitation of Opportunities

Develop IP in house, joint venture, licence or file for the future. 

The opportunities for exploitation, described above, arise from developments within the company and any transfer of technology would be outward. There are also those opportunities which arise from outside the company, but that could be developed within the company, if there was an inward transfer of technology. The transfer of technology is an increasingly common way of exploiting the opportunities from 

R D on a wider basis between companies. In this book we will discuss technology transfer mainly on the basis of its inward movement to the company. 

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Futurist John Naisbitt (2006) offers a related view of the future. He states When you re looking for the shape of the future, look for and bet on the exploiters of opportunities, not the problem solvers. He goes on to claim that individuals tend to embrace one of two poles, stasis or dynamism, stability versus evolution, predictability or surprise. His contrasts are aligned with the paradigm paralysis versus paradigm pliancy discussion later in this chapter. 

It is clear that telomerisation is an exciting reaction with considerable promise for synthesis of functionalised organic molecules, as a stand-alone reaction or as part of a reaction scheme. NHCs have proved particularly effective as hgands in this reaction and many opportunities now exist for the exploitation of this chemistry. It can be expected that novel catalyst systems will be developed as new reaction schemes are designed aimed at specific target molecules. 

Figure 4.15 shows the exploitation of water reuse and recycle opportunities to achieve the target of 185 t of freshwater. Water from the second and fourth batches of process 2 is reused in the second and third batches of process 1, respectively. Water from storage is reused in the fourth and fifth batches of process 2. The rest of the batches either utilize freshwater or recycled water from preceding batches of the same process. 

A mathematical formulation based on uneven discretization of the time horizon for the reduction of freshwater utilization and wastewater production in batch processes has been developed. The formulation, which is founded on the exploitation of water reuse and recycle opportunities within one or more processes with a common single contaminant, is applicable to both multipurpose and multiproduct batch facilities. The main advantages of the formulation are its ability to capture the essence of time with relative exactness, adaptability to various performance indices (objective functions) and its structure that renders it solvable within a reasonable CPU time. Capturing the essence of time sets this formulation apart from most published methods in the field of batch process integration. The latter are based on the assumption that scheduling of the entire process is known a priori, thereby specifying the start and/or end times for the operations of interest. This assumption is not necessary in the model presented in this chapter, since water reuse/recycle opportunities can be explored within a broader scheduling framework. In this instance, only duration rather start/end time is necessary. Moreover, the removal of this assumption allows problem analysis to be performed over an unlimited time horizon. The specification of start and end times invariably sets limitations on the time horizon over which water reuse/recycle opportunities can be explored. In the four scenarios explored in... 

The opportunities to harness solar, wind, wave, falling water and biomass-waste resources are projected to exceed any wealth created by the exploitation of oil. Progressing past the Oil Age means an important economy of wealth expansion from energy-intensive goods and services with renewable energy. 

SiC technology provides the opportunity for the exploitation of chemical gas sensors in the near future in environments and applications that are problematic today. The extension of this technology to these areas will enable the reduction of unwanted emissions and will promote reductions in the use of fuel and energy, resulting in positive implications for natural resources and the environment. 

The other side of the divide created by the atomic theory I call the perpetual PRESENT because nearly two centuries later we are still witnessing the exploitation of the chemistry of molecular structure made possible by that theory. The initial development of this opportunity in the nineteenth century has been sufficiently described that it needs no further interpretation here. ... 

To better understand the nature of opportunities and how to plan whether to exploit them or not, today s entrepreneurial engineer needs to understand, assess, and pursue opportunities, not only in terms of their technological feasibility, but also with a keen eye toward their business impact. 

The exploitation of the community of the transformation properties of irreducible tensors and wave functions gives us the opportunity to deduce new relationships between the quantities considered, to further simplify the operators, already expressed in terms of irreducible tensors, or, in general, to offer a new method of calculating the matrix elements. Indeed, it is possible to show that the action of angular momentum operator Lf on the wave function, considered as irreducible tensor tp, may be represented in the form [86] ... 

The exploitation of intellectual property has to be considered early in the R D cycle. The choice of the exploitation pathway materially affects the scale and type of R D resource that will be needed. For instance, an opportunity may be further developed in house by joint venture if one or more partner is needed or by licensing the technology if it is outside the company s area of expertise. 

The exploitation of these new microscale chemical and biochemical tools, based on microreactor chips, will eventually reap great rewards and bring new opportunities in micropreparation and analysis for drag discovery and development, biotechnology, as well as fundamental studies. 

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