Nowadays more and more researches are being carried out and sponsored by private organisations. Do advantages outweigh the disadvantages in such cases?

Invention and

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are always mutually inclusive to each other. There is a widespread suspicion when

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works are owned by private enterprises. Because, we have been acclimated to the notion that the

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programs should always be

government

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owned.

This

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essay will cover the salient points of private owned

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programs.

To begin

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with, there are multiple bottlenecks when trying to commence a

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owned or

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sponsored

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program.

Furthermore

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, it may require to get multiple approvals from various departments in order to get the right funding as well as the required infrastructure needs.

This

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acts as a red tape in impeding the interest of the people who have invested so much of their efforts to realise their dreams.

On the contrary

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, there would be no interferences if the

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work is governed by private organisations. Owing to

this

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reason, the outcome of the

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will soon yield the success. The other major advantage of private owned innovation is that, there will be no role for the media to have a constant touch about the various stages of the

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. Thereby, the

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work will be tightly held as secret and no technological theft can happen.

For example

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, space exploration is a daunting task and it even requires a huge amount of money to be invested. Because of

this

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reason, many countries are unwilling to shed their financial reserves to explore the outer space.

However

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, the private organisation SpaceX has started launching satellites and rovers from its own Launchpad.

This

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practice has opened a vision of promoting private enterprises in the

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oriented work. In conclusion, as far as my views are concerned,

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owned by private bodies is a beneficial phenomenon for which there are a number of significant advantages.

Therefore

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, the governments should begin to liberalise and incentivize the private organisations who are involved with

such

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practices, as they are better equipped to outweigh the time consuming

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funded

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. If that happens, there will be a promising future.