We would like to present an example of quickly identifying issues related to paint through our scouting efforts.
Before starting the scouting activities, our company and the client company had identified several effective additives. However, the client company needed formulation experts to integrate new chemicals into existing products. Therefore, we identified a company to conduct contract research and an academic institution to provide industry-academia collaborative research, scouting for expertise suitable for formulation development and industry needs. As a result, we were able to quickly identify a formulation partner through scouting and enter negotiations swiftly within two months. *For more details, please refer to the related links or feel free to contact us.*
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**Case Summary** ■Issues - The client company needed a formulation expert to integrate a new chemical product into their existing offerings. ■Strategy and Role - Collected anonymous proposals and prepared to follow up on technical discussions. ■Results - The client company entered negotiations with two organizations after an on-site visit. - Received five proposals regarding the business. - Initiated discussions on three non-confidential possibilities. ■Conclusion - Quickly identified a formulation partner through scouting. - Was able to enter negotiations rapidly within two months. *For more details, please refer to the related links or feel free to contact us.*
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Our company, yet2com, is an expert in linking open innovation (OI) to corporate innovation in line with our clients' business growth strategies. Founded in 1999 in Boston, USA (yet2.com Inc.), we have been providing OI services to manufacturers around the world for over 20 years. We have a proven track record of over 10 years in conducting technology research for not only corporate clients but also U.S. government agencies. With our solid services and methodologies, we lead client companies to successful open innovation. If you are wondering what kind of research is progressing in this technological field, whether there are materials with specific characteristics, or if there are alternative uses for newly developed materials for a particular purpose, please feel free to contact us.