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Scientific research can be the most effective when done by private companies. Do you agree or disagree with this statement?

#research #companies
Over the
last
 few decades, the growth of scientific
research
 has significantly improved as more private
companies
 have undertaken
research
 and development of products. I agree with the above statement.
Firstly
, Private institutions have much more financial freedom than a government subsidiary.
For Instance
, a private organization working on a product can use a lot of resources and they would not have any time restrictions for the creation of the particular result. They can
also
 provide twice the amount of effect compared to their parallel.
Secondly
, private corporations could form an association with governments
companies
 to increase the development of a commodity if the necessity arises.
For example
, in the recent pandemic, the government and private
companies
 have combined their efforts in the
research
 of a vaccine. Private organizations working on the vaccine have hastened the
research
 done on the vaccine in recent times. To summarize, I agree that
research
 done by private
companies
 can be the most effective, as they can provide faster product development and have bigger financial outreach.
Submitted by sampreethpashikanti on

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