The promise and perils of industry-funded science

Bennett Holman, Kevin C. Elliott

Research output: Contribution to journalArticlepeer-review

7 Citations (Scopus)


Private companies provide by far the most funding for scientific research and development. Nevertheless, relatively little attention has been paid to the dynamics of industry-funded research by philosophers of science. This paper addresses this gap by providing an overview of the major strengths and weaknesses of industry research funding, together with the existing recommendations for addressing the weaknesses. It is designed to provide a starting point for future philosophical work that explores the features of industry-funded research, avenues for addressing concerns, and strategies for making research funded by the private sector as fruitful as possible.

Original languageEnglish
Article numbere12544
JournalPhilosophy Compass
Issue number11
Publication statusPublished - 2018 Nov

Bibliographical note

Funding Information:
We are greatly indebted to the community of scholars whose work we here summarize, a number of whom were gracious enough to read and comment on early drafts of this article. In particular, we would like to thank Martin Carrier, Manuela Fern?ndez Pinto, Joseph Gabriel, Inma de Melo Mart?n, Hans Radder, Mark Robinson, Jihyun Sohn, Paul Thompson, Wendy Wagner, and two anonymous referees for improving the content and clarity of the article.

Publisher Copyright:
© 2018 The Author(s) Philosophy Compass © 2018 John Wiley & Sons Ltd

All Science Journal Classification (ASJC) codes

  • Philosophy

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