Social Networking Boosts Success of Biomaterial Firms

Start-ups and corporations developing biomaterials have a distinctly higher chance of success if they use social networking systems to collaborate, according to a report by market research firm Lux Research (Boston).   Open innovation is changing corporate collaborations, and the field of bio-based materials and chemicals (BBMC) is especially benefitting from growing ties between startups, corporations, universities and financiers, Lux says. The multidisciplinary nature of renewable technologies makes it particularly advantageous to be collaborating using...

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