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Why is it expected that private industry the only funder of research? Isn't that something that governments should have a stake in and also fund basic scientifi
by jorblumesea 8y ago
Why is it expected that private industry the only funder of research? Isn't that something that governments should have a stake in and also fund basic scientific research in?
That's like saying, how expensive does an iphone need to be to fund material science research?
- barry-cotter 8y agoNo one expects private industry to fund all research and they don’t. Governments fund a lot of basic and applied research, in pharmaceuticals and many other domains. What they don’t really find is drug development, taking a drug from the “This looks good” stage through animal models, safety testing and efficacy testing.