While beneficial, industry sponsorship also presents several challenges: 1. Intellectual Property: There can be conflicts over the ownership of intellectual property (IP) developed during the research. 2. Publication Restrictions: Companies may impose restrictions on the publication of research findings to protect proprietary information. 3. Bias: There is a risk that research outcomes might be biased in favor of the sponsoring industry. 4. Dependency: Over-reliance on industry funding can make academic institutions vulnerable if the funding is withdrawn.