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  • akashranpura replied to the topic Academia vs. Industry Research in the forum Pre-clinical Device Development 7 years, 6 months ago

    Looking into the divides between industry research and academic research, what stands out is the underlying motivation of each. Industrial research labs will tend to place most if not all their resources on monetizing their results. The end goal for industrial research is to bring forth a functioning and viable device that will reap in profits. All of my experience with research has been in academic research. For me in academic research, the focus of the study is very specific, sometimes niche. Each principal investigator has specific interests and ideas but the project they work on will be something super specific such as a metabolic pathway or the effects of knocking out one particular gene. Because of the specificity involved in academic research, monetary gain is not the end goal. Rather it is to develop and broaden the foundation of knowledge in that particular area of study.