SiNtx Technologies Inc (SINT)

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One type of strategic partnership

Development Partnership
Conducting research toward new or improved products and services requires monetary investment, time, worker capacity and, in some cases, specialized equipment. By nature, R&D is a risky but potentially advantageous undertaking with unpredictable results. To conserve resources and therefore mitigate the risks associated with R&D investments, some businesses choose to partner around shared research objectives.

Development partnerships can take on many forms; here are a few examples:

Joint research & development departments

On May 13, 2015, the Company entered into a joint agreement for research and development of silicon nitride-based devices. This agreement is effective for a period of five years from the date of commencement.

Its common in strategic partnerships to share IP when conducting research and development.