Research associated with science, technology and innovation has two main goals – increase the sum of human knowledge and diminish the sum of human misery. It can be pursued in various ways falling between two extremes – seeking a fundamental understanding (pure basic research), or solving immediate or pressing problems (pure applied research). A two-dimensional representation with applied research on the horizontal axis and basic research on the vertical axis leads to four quadrants1. The fourth quadrant, known as Pasteur’s Quadrant1, is an ideal situation where the search for fundamental understanding also has immediate utility for society.
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