2TECHNOLOGY MANAGEMENTFindings of scientific research becomepublic property. They can not bepatented and no one claim rights overthe findings. For example, no one canclaim right for the Law of Gravity.Issac Newton only discovered the Law.It was existing already.Scientific development is an on-goingprocess. New laws are discovered andadded to the existing pool of know-ledge. It may also so happen that someof the scientific laws might get altered/modified due to subsequent findings.But, science keeps growing and doesnot have a declining or death phase.Cost-benefit analysis can not beapplied for scientific research. Mostof the times, the costs will appear toexceed the benefit. This is because,the benefits of scientific discoverieswill bear fruits only after some time,i.e., after the scientific discovery istransformed into some form of valueadded product/process that benefitsmankind. Till such time, the benefitscan not be known and can not also bemeasured. Hence, scientific researchesare continued without applying cost-benefit analysis.