What are the Challenges in Utilizing Advanced R&D Facilities?
While advanced R&D facilities offer numerous benefits, they also pose several challenges:
High Costs: The cost of setting up and maintaining such facilities can be prohibitive for many entrepreneurs. Access to Talent: Finding skilled researchers and technicians to operate these facilities can be challenging. Regulatory Hurdles: Navigating the regulatory landscape can be complex, especially in highly regulated industries. Time-Consuming: R&D activities often require significant time, which can delay market entry.