Nowadays, most scientific research is funded and conducted by private companies, rather than government. Do the advantages of this situation outweighs its disadvantages?

In

the

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recent times, it is not uncommon to see that the majority of scientific

research

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is being carried out by private companies in comparison to the

government

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. While there are benefits associated with it, there are downsides too. In my

opinion

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,opinion

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the negative aspects take precedence over the advantages. One of the greatest

advantage

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advantages

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of

research

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by private businesses is that they have excellent quality.

This

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is largely due to their state-of-the-art facilities, which

is

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are

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supported by more allocation of finances.

As a result

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, it boosts the quality of scientific experimentation and

fasten

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fastens

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up the

research

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, unlike the

government

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research

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which is outdated and slow. To illustrate the point, the Moderna vaccine by Pfizer public firm has significant efficacy to curb the coronavirus

in contrast

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to the

government

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produced Covaxin.

Nevertheless

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, there are drawbacks oo if

research

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is being funded by private companies

instead

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of the

government

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sector.

First

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of all, private companies have

profit driven

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profit-driven

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objectives.

In other words

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, they do not work with the impetus for the welfare of society.

On the other hand

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,

the

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government

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based experimentation is totally based on the welfare of the people.

For instance

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, new drug formulations by private pharmaceutical firms for the treatment of cancer will cost hefty

price

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prices

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to the individuals, which will make it unaffordable to the economically challenged classes.

In addition

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, private corporations can exploit the

research

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for their benefit.

Such

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as nuclear technology, they can sell to the antisocial elements of the society which has serious ill effects

for

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on

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country

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the country

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in long run.

Therefore

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, the

government

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should regulate the

research

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to avoid its misuse. In conclusion,

although

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there are few positive aspects regarding private firm

research

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, there

are

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is

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a myriad

of

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apply

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drawbacks that outweigh the benefits. In my opinion,

the

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government

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-based

research

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is the most viable option for the betterment of society and to make

nation

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national

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progress.