Scientific research should be carried out and controlled by the government, rather than by private companies. To what extent do you agree or disagree?
The effort to make a significant progress in the realm of scientific research is often linked with the amount of budget. Due to the importance of this research, many people believe government is the one responsible to conduct the study and regulate its outcome. Private companies tend to be more profit-oriented and will not prioritize the public needs. However, it is also a known-fact that private companies tend to have more budget to be allocated than the government. This essay analyzes the complicated situation covering the field of scientific research.
In every budgeting situation in the government sector, prioritizing must be done effectively. Government needs to make a list of the problems they want to solve that will need some kind of research. The problem usually is related toward the safety and the business aspect. For example, allowing private companies to make a research on alternative electricity generation means that the government will not have control over the outcome and as the result, the public may negatively affected. However, it is also a known fact that the government does not have enough money to finance such extensive study. The ability of most governments in the world is restricted.
In contrast, resources are not problematic for private sectors. What becomes a problem for them is the nature of capitalism which means that they are not working for free: they work for profit and a lot of it. Therefore, it does not make any sense for any private companies to be involved in a study that will cost them a lot of money without potential revenue afterwards. The private sectors, in this case, need to approach the government to be more permissive in its policy.
In conclusion, I believe that what is needed is a partnership between the government and the private sector, especially in the financing aspect. Clear regulation should be made regarding which parts of fundamental development need a partnership with the private sectors, and how much profit are made available for them. A country should be built together and cooperation is the key for the advancement of our nation.