2023
DOI: 10.51594/estj.v4i3.556
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Analyzing Global Evolution of Materials Research Funding and Its Influence on Innovation Landscape: A Case Study of U.S. Investment Strategies

Olawe Alaba Tula,
Chibuike Daraojimba,
Nsisong Louis Eyo-Udo
et al.

Abstract: This paper investigates the relationship between funding for materials and its profound impact on the global innovation landscape. Through a comprehensive analysis of funding sources, interdisciplinary collaboration, and case studies, this study emphasizes the crucial role of strategic investment in driving innovation, advancing technologies, and addressing societal challenges. The paper examines the diverse funding landscape, spanning government agencies, private sector entities, and venture capital firms, hi… Show more

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Cited by 4 publications
(2 citation statements)
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“…Innovation in financial instruments tailored for SMEs is essential to address their unique financing needs and promote sustainability. Some innovative financial instruments that can support SMEs in adopting sustainable finance include: developing green bond frameworks specifically designed for SMEs to finance environmentally sustainable projects, such as energy efficiency improvements, waste reduction initiatives, and sustainable supply chain practices (Tula et al, 2023). Green bonds can provide SMEs with access to capital markets and attract investors interested in supporting sustainable businesses.…”
Section: Future Directionsmentioning
confidence: 99%
“…Innovation in financial instruments tailored for SMEs is essential to address their unique financing needs and promote sustainability. Some innovative financial instruments that can support SMEs in adopting sustainable finance include: developing green bond frameworks specifically designed for SMEs to finance environmentally sustainable projects, such as energy efficiency improvements, waste reduction initiatives, and sustainable supply chain practices (Tula et al, 2023). Green bonds can provide SMEs with access to capital markets and attract investors interested in supporting sustainable businesses.…”
Section: Future Directionsmentioning
confidence: 99%
“…Beyond imparting technical skills and knowledge, educators should instill values of sustainability, empathy, and ethical leadership in their teaching practice. By serving as role models and mentors, educators can inspire students to adopt a holistic approach to design that considers the long-term impacts on people and the planet (Girves, et al, 2005;Tula et al, 2023). This entails fostering a culture of curiosity, inquiry, and continuous learning, where students are encouraged to question assumptions, challenge norms, and seek innovative solutions to sustainability challenges.…”
Section: Role Of Educatorsmentioning
confidence: 99%