I think research has two different facets - Scientific research which is the basis for today's modern world. Developments in pure science always lead to mutliple business areas later. Not all the research may turn in to business. Industrial research is always focused on enhancing business opportunities. Today R&D centers being setup by industrial houses are purely application oriented and support the business. As per me, we must have both type of researches to explore this nature better and make this world better for next generations.