Absolutely wrong, if you are talking about apply for grant money. If there is one thing that the government loves when giving out grants, it's strong industry s

Absolutely wrong, if you are talking about apply for grant money. If there is one thing that the government loves when giving out grants, it's strong industry support and/or clear impact on society. The view you saw more likely comes from the fact that the knowledge those people generate in industry will be locked up behind IP walls for generations, and thus it's a loss to the academic pool of information.