AKRON (May 4)—Goodyear Chairman Samir Gibara is urging tire companies to avail their research and development resources to joint ventures to increase the speed of technological advancements. Speaking May 3 at the spring symposium of the Akron Rubber Group, Gibara said industry improvements in tire safety, performance and durability have come through internal R&D efforts, slowing the pace of developments compared to other markets. "Joint ventures with partners from within and outside of our industry can promote cross-fertilization across multicultural lines, allowing technological advancement to occur much faster," he said. Although working together, the chairman emphasized each company needs to maintain its own proprietary R&D investments and discoveries and protect intellectual property through patents and trademark secrets.
Gibara urges combined efforts to further technological developments
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