That's a super important question. People always want to say pick one or the other, and that's a mistake. John Polanyi points out a perfect example. Research in lobster ophthalmology—the study of lobster eyes—I think in Newfoundland, created breakthrough technology for the cutting of silicon chips.
Nobody anticipated that this would lead to this. No one is going to find a cure for cancer in the digital media zone, so we have to protect and reinforce fundamental research, but we also have to recognize that market-driven applied research, partnering with industry and community organizations, is also valuable and should also be rewarded. It's not either/or. It's both.