Contract research provides an opening towards industry and contributes to revenue

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Partnerships in research
Contract research provides an opening towards industry and contributes to revenue
Research geared to industrial requirementsResearch conducted within ParisTech broaches most of the great technological and transverse areas which impact industrial and service companies' activity: energy, raw materials, territorial planning and environment, transport, information and communication technologies, software and complex systems engineering, advanced materials, optics, physics and biotechologies. Besides, ParisTech laboratories in the areas of economics, management and society produce original views on the questions related to innovation and technological risk management, which are key issues for the development of businesses.Funding of researchA significant part of ParisTech's research activity is funded by contracts with private or public companies, from large international groups to small businesses. Some of the institutes, e.g. Ecole des Mines and ENSAM, have set up specific structures for managing contractual research.Researchers and businessesAs a consequence, many researchers in the ParisTech laboratories have an experience in business life, and more than half of PhD students go to work in companies once they graduate. ParisTech provides its PhD students with a training in management, in order to prepare them to work in businesses, and thus to facilitate the beginning of their career.A balance of objectivesBusiness funding adds to that provided by government, which is the essential basis for the institutes' budget, and also to financing by local authorities and national and European research programmes. The original feature of ParisTech's research lies in striking a balance between contract research and the pursuance of scientific work leading to high-level publications at international level. |
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