These days, private owner-ships have had a tendency to invest on researches. Although, Private organizations alongside the government can carry out some significant scientific projects, private sectors can be harmful by ignoring society’s issues. In my opinion, private organizations are far better off having funded on researches despite the challenges that they will face.
The greatest benefit of sponsoring private organizations in researches is that it is created more vacancies to fulfill at the macro level. It is true that government has a lot of issues on their hand and it may be possible for them to overlook the potential of research projects and not fund due to financial deficit. Here is where private owner-ships can be helpful by investing their huge monetary resources in projects. For example, with the onset of the recession and reduction of government monetary resources in Iran, due to lack of private sectors, the number of projects diminished practically. So, private firms can provide the much necessary financial backing to researchers to carry on with their findings.
In contrast, private funding does have some serious drawbacks. Since private organizations are driven by profit, they may accept those researches which are gained more income. By continuing this situation, those projects that have more social value but less monetary profit, are set aside and gradually fade. For example, there have been many cosmetic and pharmaceutical companies making false claims about their research just for more money. Therefore, profit for private owner-ships is a powerful factor that must be considered.
In conclusion, sponsoring by private owner-ships is prevalent these days. Despite being cooperative about financial issues with government, one of their priorities is profit which can make serious social problems. In my view, although there are some negative point on this issue, supporting the researches by private organizations should be encouraged.
These days,
private
owner-ships have had a tendency to invest on
researches
. Although,
Private
organizations
alongside the
government
can carry out
some
significant scientific
projects
,
private
sectors can be harmful by ignoring society’s
issues
. In my opinion,
private
organizations
are far better off having funded on
researches
despite the challenges that they will face.
The greatest benefit of sponsoring
private
organizations
in
researches
is that it
is created
more vacancies to fulfill at the macro level. It is true that
government
has
a lot of
issues
on their hand and it may be possible for them to overlook the potential of
research
projects
and not fund due to financial deficit. Here is where
private
owner-ships can be helpful by investing their huge monetary resources in
projects
.
For example
, with the onset of the recession and reduction of
government
monetary resources in Iran, due to lack of
private
sectors, the number of
projects
diminished
practically
.
So
,
private
firms can provide the much necessary financial backing to researchers to carry on with their findings.
In contrast
,
private
funding does have
some
serious drawbacks. Since
private
organizations
are driven
by
profit
, they may accept those
researches
which
are gained
more income. By continuing this situation, those
projects
that have more social value
but
less monetary
profit
,
are set
aside and
gradually
fade.
For example
, there have been
many
cosmetic and pharmaceutical
companies
making false claims about their
research
just
for more money.
Therefore
,
profit
for
private
owner-ships is a powerful factor that
must
be considered
.
In conclusion
, sponsoring by
private
owner-ships is prevalent these days. Despite being cooperative about financial
issues
with
government
, one of their priorities is
profit
which can
make
serious social problems. In my view, although there are
some
negative
point on this
issue
, supporting the
researches
by
private
organizations
should
be encouraged
.