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Posts by jeewhat
Name: Felix Pototschnig
Joined: Oct 16, 2014
Last Post: Oct 16, 2014
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From: Austria

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jeewhat   
Oct 16, 2014
Writing Feedback / Thoughts on my essay about private companies spending more money on research compared to governments [2]

In the present dynamic and advancing era there is much more involvement of private companies in scientific research compared to the governments. The research done by the National Science Foundation shows that the funding of US Science and Engineering Research by the federal government dropped from 55% to 25% from 1953 to 2008. If the privatization is beneficial to society, is one of the most debated topics in economics and politics. Particular problem areas include changes of scientific papers to the companies' benefits and the funding of long-term, low-return research such as space technology. On the one hand, private funders of research have a large influence on the science sector and use it to increase their profit on the other hand, companies are eager to carry out research, which is ignored by the government.

A large amount of research is not done because the government does not spend enough money on it. Large scientific projects require large amounts of money and the cooperation of many scientists and universities. Most universities and organizations, which are responsible for a high number of research work on a tight budget because of inadequate subsidies, therefore they are compelled to cooperate with private companies. In this case, companies are taking the role of the government and invest in future technology simply because the government is not capable of raising the required amount of money.

Unfortunately, companies often pay scientists to deliver a specific result or want them to publish their results to early or holding the data back for a little longer than they should. New products are usually presented with additional research to convince the customers and investors that their product is the best one available on the market. One of the main reasons why private companies invest in research is to maximize their profit and improve their reputation. Without governmental cooperation and validation the results might not be trustworthy.

Florence Culantuono explains, "Even if the researcher has a pure love of the scientific method, given the right circumstances, such as pride or the right amount of money, there may be some consideration given to skewing the data or holding back on publishing results for a little longer than they should."

Future technologies depend on well-organized scientific research. Governments and the private sector have to cooperate and validate each other's research to guarantee trustworthy and reasonable results.
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