Earlier quoted context omitted.
Bell Labs is a counterexample that ran for decades, and pharma companies have internal research labs, I know Motorola and Apple have, too. In my experience, industry can be vastly better funded, but the industry labs are internal and perhaps very hard to find.
Here is an incomplete list of things that it's impossible to research in industry: 1. Astronomy. 2. Physics. 3. Geophysics concerning the parts of the Earth deeper than the crust. 4. Biology aside from medicine. 5. Chemistry aside from industrial chemistry. 6. Theoretical computer science. 7. Mathematics. I'm not blaming you for not knowing this, but I am holding my head in my hands - how can people not know about as…
Light pollution. Lots of people now live in places where the stars are hard to spot.
And now we also all have infinite distraction cuboids, many who can still see them if they look, won't look.
And if you don't know what's out there — or mistakenly categorise all of space as scifi — then why would you be curious about it? Why even ask who might research it?