In today's world, private companies rather than government pay for and conduct most scientific research. Do you think the advantages outweigh disadvantages?

Nowadays, private

companies

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companies

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have been carrying out and investing more capital in scientific

researchs

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research

researches

than

government

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organizations.

While

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I accept that private funding for

researchs

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research

may have some disadvantages, I strongly believe that its advantages are significantly greater. There are some drawbacks of private

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companies

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companies'

company's

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payment for

researchs

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research

that we can clearly see.

Firstly

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,

fundings

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funding

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from

government

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organizations is

extremely

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apply

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more abundant than

private

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from private

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companies

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. If the projects are approved, scientists will certainly receive

a huge and regular amounts

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huge and regular amounts

a huge and regular amount

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of money throughout the period

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time

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of time

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in the

government

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commitment.

For instance

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, a lot of space missions of NASA were sponsored by The

USA

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US

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government

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which

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apply

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up to billions of dollars for each project even though the possibility of failure is extremely high.

Secondly

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, the funding is easily interrupted which is almost never

interrepted

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interrupted

intercepted

while

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in the

government

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committen

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committee

committed

. When the

projects

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project

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is funded by

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government

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the government

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, it will almost be fully implemented no matter how the effection of

research

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is.

For example

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, in some cases, if

the

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apply

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economy

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economic

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hardship takes place, the project which is privately

privately

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apply

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funded could be stopped because of the difficulties in business and the lack of cash flow of

company

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the company

a company

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.

Incontrast

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In contrast

, the project

which fund

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funded

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by

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the goverment

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goverment

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government

can still be on the way because the

government

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has the power

in printing

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to print

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cash. In spite of the drawbacks mentioned above,

i

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I

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strongly believe that the benefits of private

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companies

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companies'

company's

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payment for scientific

research

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outhweigh

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outweigh

the drawbacks.

Firstly

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, the procedures to get funding commitment and disbursement

time

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of private organizations is much faster than

government

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.

It

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This

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leads to

effects

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the effects

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of the studies coming more quickly. Take the

covid-19

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COVID-19

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vaccine as an example. When

the

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apply

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humanity was facing a global pandemic and urgently

needs

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needed

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a vaccine, some private pharmaceutical

companies

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such

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as AstraZeneca, Pfizer, Moderna,…

developted

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developed

develop

a vaccine and

save

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saved

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people.

Secondly

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, private

research

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when compared to capital expenditure is often more

cost

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-effective than

government

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. Because scientists are under

a

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apply

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huge pressure from private sponsors including

time

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,

cost

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and the

expect

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expectation

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of outstanding

result

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results

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.

More over

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Moreover

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, the private

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companies

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companies'

company's

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capital cannot

compared

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be compared

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to

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government

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the government

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, so the pressure to complete at a lower

cost

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is certain.

For instance

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, when Elon Musk, the

world

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world's

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richest person, came to Russia and asked the Russian

government

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for their rocket propulsion. He received a non-cooperation and an extremely prohibitive

cost

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.

For

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this

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reason, he and his colleagues at Space-X corporation developed their own rocket engines and tripled the

cost

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of launching rockets into space. At the same

time

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develop the ability to reuse rockets and. In conclusion,

while

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private

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companies

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companies'

company's

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payment and conduction for scientific

research

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may have some disadvantages when compared to

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government

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the government

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,

i

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I

show examples

believe that they are outweighed by the more significant positive aspects.