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Financial Conflict of Interest in Research
A financial conflict of interest in scientific research occurs when an investigator has a monetary stake in the outcome of their study, such as holding a patent for a competing product or receiving funding from an entity that benefits from the findings. This situation compromises the objectivity of the research, as the potential for personal financial gain can lead to biased methodology, selective reporting, or fraudulent conclusions, ultimately undermining the integrity of the scientific process.
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Research Methods in Psychology - 4th American Edition @ KPU
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