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

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It is now quite common to see for-profit companies carrying out research and development as opposed to State-owned institutions. While there are positives and negatives to both sides, I would not agree that the pros exceed the cons in
such
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situations. In my ,essay I would attempt to weigh both sides of
this
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argument.
Firstly
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, non-government-owned businesses have a duty to maximise profit while delivering satisfactorily to their investors and shareholders. In order words, efficiency and excellence would be their watchword. The resources available would be utilised in
such
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a way to ensure that staff are working are maximum capacity while achieving the aim. There would be little wiggle room for sub-standard work. As
this
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in turn may shave off profits which would make the money backers dissatisfied, and lead to them asking difficult questions to company managers and
board
Correct article usage
the board
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of directors
On the other hand
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of the coin, there could be issues of security breaches in
such
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organisations.
This
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may present itself in the form of disgruntled employees who have no more to their company. They can leak company information on the dark web just to get back at a line manager or a supervisor.
Additionally
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, There can
also
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be scientists who have become lured by other countries to sell trade secrets in exchange for large sums of money, and an offer to be relocated into a country without extradition arrangements with their own home country. Breaches like
this
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would have a very disastrous effect on diplomatic relations between the two countries involved leading to widely devastating outcomes for all parties In conclusion, I would say that while there are indeed good and bad in
such
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agreements, the positives do outweigh the benefits in
such
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a situation.
Submitted by olirei on

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Topic Vocabulary:
  • sponsorship
  • private sector
  • efficiency
  • accountability
  • competitive nature
  • practical applications
  • innovations
  • intellectual property
  • patents
  • economic growth
  • scope of research
  • fundamental research
  • research agenda
  • biased outcomes
  • accessibility
  • confidential
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