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Methods & Processes
Research in Cosmetic Valley
By: Eric Perrier, LVMH, et al.
Posted: February 19, 2010
page 9 of 9
For these projects, how did members of Cosmetic Valley collaborate?
Each project in Cosmetic Valley is validated by a steering committee, which includes the main holding company for the project and one or more industrial partners. A project is elaborated on a symbiotic basis—i.e., each company involved benefits from the collaboration. Subcontractors can be used with a preference to those who are part of Cosmetic Valley, for example, university labs can bring their know-how to help further projects. Meetings with the technical committee take place on a regular basis in order to steer the project along, although the results are kept confidential until they are protected with both a patent and publication.