ABSTRACT

Industry-funded research is an unavoidable feature of contemporary science. Around two-thirds of the funding for R&D in the United States and in the European Union comes from industry. Although it may be less prevalent in countries in the Global South, it also has important implications there. This chapter examines the potential benefits and drawbacks of industry funding, focusing on how financial values shape scientific research and exploring strategies to manage or mitigate these influences.

Readers may be interested in these Handbook chapters as well: Rachel A. Ankeny and Emily A. Buddle, “Valuing Partnerships in Agricultural Genomics Research: Using More Empirically Informed Philosophical Approaches to Advance the Science and Values Debates”; Manuela Fernández Pinto and Anna Leuschner, “Epistemic Intimidation and Illegitimate Value-Influences in Science”; Rebecca Korf and Cailin O'Connor, “Networks and Values”; Jamie Shaw, “The Values of Science Funding Institutions.”