It is often argued that the crucial research regarding science and technology should be confident to government bodies without involving the private sector. Although some might disagree with this notion; however, I completely disagree to alienate private bodies from scientific research. Not only because the private companies associated with such projects would be beneficial for the infrastructure of a consequence and would generate employment opportunities, but also because solutions can be traced at a much faster pace. This essay will explore how these factors justify my opinion. There are many benefits that a country can reap by involving private companies in confidential projects. Firstly, it will have a profound impact on the progress and development of a nation. As private companies will invest huge amount of money to carryout various research projects that could generate revenues, if become successful and therefore, enable the country to foster. Take an example of People's Republic Of China, where both the governments and private companies are going hand in hand to make scientific researches sucessful. Thus, country's progress is massively dependant on the private sector. Secondly, employment rate would increase tremendously by opening new research projects by private corporates. As large number of vacancies will open up for hiring educated and talented graduates with exceptionally well-paid salaries. For instance, Samsung has been hiring intelligent software engineers for devising modern mobile technology each year. Hence, unemployment would lessen significantly. Finally, when governments collaborate with multinational companies, they ought to find solutions of nearly all problems. As research is not the only sector be taken care of by government, therefore, extremely complicated issues like pandemics and warfare can be tackled easily with private companies co-operation. To sum-up, I believe that a venture of government and private sector would bring subtle yet fundamental benefits interms of employability, progress of a country and help finding innovative ways of complex problems.
It is
often
argued that the crucial
research
regarding science and technology should be confident to
government
bodies without involving the
private
sector
. Although
some
might disagree with this notion;
however
, I completely disagree to alienate
private
bodies from scientific
research
. Not
only
because
the
private
companies
associated with such
projects
would be beneficial for the infrastructure of a consequence and would generate employment opportunities,
but
also
because
solutions can
be traced
at a much faster pace. This essay will explore how these factors justify my opinion. There are
many
benefits that a country can reap by involving
private
companies
in confidential
projects
.
Firstly
, it will have a profound impact on the progress and development of a nation. As
private
companies
will invest huge amount of money to carryout various
research
projects
that could generate revenues, if become successful and
therefore
, enable the country to foster. Take an example of
People
's Republic Of China, where both the
governments
and
private
companies
are going hand in hand to
make
scientific
researches
sucessful
.
Thus
, country's progress is
massively
dependant
on the
private
sector
.
Secondly
, employment rate would increase
tremendously
by opening new
research
projects
by
private
corporates
. As large number of vacancies will open up for hiring educated and talented graduates with
exceptionally
well-paid salaries.
For instance
, Samsung has been hiring intelligent software engineers for devising modern mobile technology each year.
Hence
, unemployment would lessen
significantly
.
Finally
, when
governments
collaborate with multinational
companies
, they ought to find solutions of
nearly
all problems. As
research
is not the
only
sector
be taken
care of by
government
,
therefore
,
extremely
complicated issues like pandemics and warfare can
be tackled
easily
with
private
companies
co-operation. To sum-up, I believe that a venture of
government
and
private
sector
would bring subtle
yet
fundamental benefits
interms
of employability, progress of a country and
help
finding
innovative ways of complex problems.