It all depends on the industry. Take aerospace, for example, where you have engines, electronics and planes. That is a sector that can do basic research. Look at Bombardier. In terms of its planes, the basic research can involve materials. In the case of certain alloys or metals such as aluminum or lithium, the research usually comes from companies like Alcan or Rio Tinto, aluminum manufacturers that sell to a variety of customers, including Bombardier and Boeing.
If you look at fuel-related materials, the industry does not carry out that research either.
Research in the field of aerodynamics, which has to do with the shape and body of the aircraft, can come from the industry, but it can also come from external sources. Very often, information from external sources, such as NASA, is used.
To my knowledge, the industry does not have any wind tunnels, but it can request access to them. Nowadays, however, research around the shape and body of an aircraft is increasingly done by computer, eliminating the need to go to the National Research Council of Canada or use the big wind tunnels in Ottawa. You can push a button on your computer and it will give you the result.