That is an excellent question. I have the opportunity to visit many institutions in rural areas outside large centres, and I see first-hand how important they are for the economic development and the societal benefit in their areas. That's a superb example of where research and development can thrive and where co-development—doing precisely developed research that is important for the community—is important. It allows young people to participate in research endeavours without having to leave their hometown, etc.
Again, it's a perfect example of how research can be beneficial on many fronts, including the socio-economic one.