With the advent of technology
such
as the internet in the 20th century, it has opened up numerous horizons for research. The financial support for these upcoming developments is being done by the two major groups, namely, the public authorities or private organizations. Some of the critics assert that to proliferate the scientific analysis, the funding should be done by both private and public authorities,
however
, I strongly agree that to foster
such
delicate work the money should be provided by the governments only, because, these inventions in some way are connected with the
security
of mankind.
Firstly
, the most prominent reason is that nowadays, any analysis done is related to aspects
such
as medical,
defense(military) military action or resources protecting a country against potential enemies
, so the outcome of these researches should be beneficial to society.
In other words
, the private companies can keep secrets on the real outcomes, so that they can modulate the results to generate more money and to satiate their private vested interests.
Ranbaxy
a medical firm,
for instance
, has developed medicine for dengue, which is a deadly disease, they price it on their own and local bodies cannot control them.
Moreover
, if the
government
does not provide any financial support for the advanced studies in labs,
then
the secrets related to top projects can be leaked to the other countries and
this
can jeopardize the nation's
security
.
Secondly
, one of the obvious reasons is that unlike the individual firms, the
government
can provide the enormous funds required for the most accurate results. The scientific studies require patience and time, as the outcome of an experiment can be a failure as well, so it is the union that can provide plentiful funds to continue the work. The ISRO,
for example
, a space agency in India is funded by the
government
of India, the failed missions will generate huge losses, only the public authorities can bear.
Furthermore
, if private companies think that their research team is not giving time-bound outcome they will stop the lab tasks. But
on the other hand
, even if failed, the scientists are being backed by the
government
,
consequently
, they work with more zeal and energy to deliver successful results.
To conclude, the financial backing of the governments can provide job
security
to an individual and social
security
to the nation. It is imperative considering the safety interest of a country, the roles of a private company should be limited in crucial researches.