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

is being carried out by private companies in comparison to the

government

. 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

by private businesses is that they have excellent quality.

This

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

, it boosts the quality of scientific experimentation and

fasten

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fastens

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up the

research

, unlike the

government

research

which is outdated and slow.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

to the

government

produced Covaxin.

Nevertheless

, there are drawbacks oo if

research

is being funded by private companies

instead

of the

government

sector.

First

of all, private companies have

profit driven

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profit-driven

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objectives.

In other words

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

On the other hand

,

the

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government

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

For instance

, 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

, private corporations can exploit the

research

for their benefit.

Such

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

, the

government

should regulate the

research

to avoid its misuse. In conclusion,

although

there are few positive aspects regarding private firm

research

, there

are

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is

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a myriad

of

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drawbacks that outweigh the benefits. In my opinion,

the

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government

-based

research

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

nation

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national

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progress.