Private companies
that support and carry out scientific research are spending more than
governments these days. Do the advantages of this development outweigh its
disadvantages? Explain and give your reasons. - Ielts Essay
Private participation is seeping
into every walk of public life and infact today this factor prominently features
in all new research initiative being established by governments world over even
ones with objectives that include humane purpose. As an impact, people have
started raising doubts about the sanctity of the mission as they feel that the
private enterprise is more inclined towards profits and research is an area
that needs an input of selfless service. This creates a clash of interests thus
proving disadvantageous for society. But this phenomenon has some really
noticeable benefits that must never be ignored.
One essential reason that can be
cited for increasing private participation is requirement of one critical
component i.e. huge amount of funds required to finance various large scale projects
that explore into endeavors for benefit of society.
Besides having essential funds, private
enterprise is driven by objectives of earning profits that incites the
companies to innovate and employ extensive means to accomplish these goals.
This also creates opportunities for employment of highly qualified
professionals in their occupational premise. These factors compiled together
help in ensuring long term planning for running research based initiatives that
often require long gestation periods before final realization of research
goals.
On contrary, research initiatives
of private enterprise are often influenced by selfish motives of private
individuals who can use research activities for their own selfish ends, thereby
reducing effectivity and efficiency of research being pursued and many times
results are prematurely promoted as final accomplishments, which hamper the
very relevance and spirit of exploration.
But whatever may be the case, I
personally feel that privately led research establishments can prove more
feasible in long term as they have all elements of innovation and dynamism. - Ielts Essay