Innovative firms in the resource extraction sector thus focus their R&D upon improving three techniques
1. Techniques for resource deposits discovery
2. Techniques for resource extraction
3. Techniques for transportation of modifying the resource for transportation
Technologies in the materials refining/synthesis/shaping sector
In the materials refining sector of an industrial value chain, materials products are produce form the raw materials. The materials products are processed and shaped into materials products that can be used in parts manufacture of fabrication. For this sector, the most important knowledge assets are plant and synthesis/processing technologies and new application technologies. Competitive factors for firms in this sector include the following