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Less public funding -> less competition for private sector R&D, e.g. big pharma
by tantalor 1y ago
Less public funding -> less competition for private sector R&D, e.g. big pharma
- fabian2k 1y agoThe research that NSF funds is not in competition to private companies, it's mostly basic research. To the contrary, it's part of an important pipeline for training young scientists. And many of those later will work e.g. in pharma companies.
- arrosenberg 1y agoI doubt that - pharma and biotech are some of the biggest benefactors of government funded research.
- Kalanos 1y agoNo. Pharma acquires these gov-funded companies. The gov de-risks them for pharma.
- Fomite 1y agoBig pharma has thrived by letting public sector R&D do basic discovery that's high risk, and then pick up the successful projects as part of public-private commercialization programs.