In modern society, governments in both developed and developing countries contribute financial resources to various forms of research and development (R&D). This type of investment helps society function more effectively, thanks to inventions and innovations in many sectors, such as healthcare, education, technology and science. In this way, social growth is encouraged both nationally and internationally, which further supports better business and commercial expansion. Based on this, it can be understood that government funding promotes the scientific exploration of new ideas and processes that can improve living standards around the world. Therefore, it is argued that public research funding benefits society. This will be examined with reference to how government funding for medical research helps society and scientific output on the technology. Government funding for medical research helps society. This is because financial investments in research and development (R&D) in various areas of healthcare support the medical system, medical professionals and citizens through improved diagnosis and treatment. In particular, public funding for pharmaceutical research contributes to social well-being. Research conducted in China in the decade 2002-2012 (Qui et al. 2014, p.3) shows that increased funding from both public and private groups has contributed to an expansion of the pharmaceutical industry in three sectors: chemical, traditional Chinese, and biopharmaceutical medicines. According to the detailed analysis of government statistical data (Qui et al 2014, p.5), Chinese government spending on medical research has been targeted to specific provinces producing botanical resources, which are in the middle of the paper. .....innovation and new technical things that will benefit society in the future.RefrencesAllaoui, S & Beaudry, C 2012, 'Impact of public and private research funding on scientific production: the case of nanotechnology', Research Policy, vol. 41, no. 9, pp. 1589-1606.Choi, JY, Lee JH and Sohn SY 2009, 'Impact analysis for national funding of research and development in science and technology using the quantification method II', Research Policy, vol. 38, no. 10, pp. 1534-1544.Murphy, KM, & Topel, RH 2003, 'The economic value of medical research', in KM Murphy & RH Topel (eds), Measuring earnings from medical research: an economic approach, University of Chicago Press , Chicago, pp. 41-73. Qiu, L, Chen, ZY, Lu, DY, Hu, H & Wang, YT 2010, 'Public funding and private investment for research and development: a survey of China's pharmaceutical industry', Health Policy and Systems of research, vol. 12, no. 27, pages. 11
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