The CONRAD Model is based on the following principles:
- The Network will be by the industry members
- All organizations funding research and provides of R&D can participate
- Those who provide resources will provide the strategic direction and project/program selection
- Coordination will increase the level of cooperation and improve effectiveness of existing R&D efforts
- Network’s intellectual property policy will enable collaborative research
The Network will link together the necessary researchers in key areas of expertise and will improve efficiency by directing funds to actual research projects