David Leyonhjelm bells the cat:
A lot of the noise about a lack of R&D funding comes from the scientists looking for work. They mainly focus their attention on government, often out of habit but also because government funding often comes with less conditions. But in reality they don’t care as long as someone pays.
Many of the public servants involved in policy development similarly assume there should be a higher level of government funding, although not if it means a reduction in their budgets.
I’m not sure that government funding comes with fewer conditions – it certainly comes with no market test. Filling out heaps and heaps of forms is much less onerous, albeit more tedious, than trying to turn a profit.