Cooperative Research Institute

A Cooperative Research Institute is a collaborative organization where businesses, government agencies, and academic institutions work together to conduct research and develop new knowledge, technologies, or solutions. The goal is to share expertise, resources, and costs to advance innovations that benefit multiple stakeholders. These institutes foster teamwork, improve efficiency, and accelerate the development process by pooling diverse skills and perspectives, often focusing on practical applications that can be implemented in real-world settings. Ultimately, they help bring scientific discoveries to market and improve industry standards through shared efforts.