copooling
Copooling is a term used to describe the practice of two or more entities, such as companies or research institutions, pooling their resources and expertise to achieve a common goal. This can involve sharing financial investments, intellectual property, personnel, or equipment. The primary motivation behind copooling is to reduce individual risk, leverage complementary strengths, and accelerate the development or implementation of a project that might be too costly, complex, or time-consuming for any single entity to undertake alone.
The concept of copooling is prevalent in various sectors. In the business world, companies might copool resources
The benefits of copooling include cost reduction, risk sharing, access to a broader range of skills and