collaborations with academic institutions

How can these challenges be mitigated?

Effective strategies to mitigate these challenges include establishing clear communication channels and regular meetings to ensure all partners are aligned. Developing comprehensive memoranda of understanding (MOUs) and data-sharing agreements at the outset can address intellectual property and data concerns. Securing funding from diverse sources, such as government grants, private foundations, and industry partnerships, can also help sustain collaborative efforts. Building strong, trust-based relationships between collaborating institutions is essential for long-term success.

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