Foster Open Innovation to retain competitiveness, advises GPCA

Dubai, United Arab Emirates; February, 2016: With research and development spend from the GCC’s petrochemical industry on the rise, the region must focus on collaborative innovation in order to survive, advised the Gulf Petrochemicals and Chemicals Association (GPCA). According to GPCA research, investments in research and development (R&D)—a key indicator of innovation—were estimated at US$529…