Applied Research vs Basic Research

Basic research is sometimes blamed for not providing the proper attention to real-world problems and criticized as a funding hog. In fact, both basic and applied research can be costly, but investing in basic research actually can save a lot of money in the long run by promoting the exploration of new quantitative information that provides ways for new applications. Both types of research are two sides of the same coin and nurture each other. Basic Research and Applied Research; both are complementary to each other and both are important and essential. Therefore, looking to the pressing need for addressing people’s needs, and providing quick solutions to present day’s problems, how can we set priorities and what should the judicious ratio of resource allocation for such research be?

Basic Research: The systematic study directed towards greater knowledge or understanding of the fundamental aspects of phenomena and of observable facts without specific applications towards processes or products in mind.

Applied Research: The scientific study and research that seeks to solve practical problems.

Source：Lights and Sounds Collective Publications