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by cossatot
2192 days ago
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I'd love to hear a bit more about the differences. I've spent my adult life in research environments (academic, nonprofit and industrial R&D) and while much of the activity seems entrepreneurial (particularly grant writing), the overarching structural differences between building something for profit vs. for the public good makes a lot of aspects of building a business a bit mysterious to me. |
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There's awfully skinny budgets for most research these days and so much focus on 'success' (short term ROI) and '[financial] sustainability' (translating research into products/services in business form).
This is growing ever more true even in basic research, which is IMHO absurd. It's growing to the point it might as well just be 'D' with higher risks, less flexibility, and lower rewards which is making entrepreneurship more alluring.
I don't know who is going to fund long term research if the federal government doesn't. I suppose we can rely on the international market to produce research and hope it's useful. Businesses tend to be highly risk averse anymore.