(The following is based around a United States perspective, would be interested in more international views)
In the US, as I see it, there seems to be a view of engineering is a capitalistic endeavor powered by private investment, where science is an academic endeavor powered by primarily government investment. (Exceptions seem to be defense contractors and medical research. The first is normally the government buying a service, the second is typically the transition from academic to commercial prospects.)
In the US, as I see it, there seems to be a view of engineering is a capitalistic endeavor powered by private investment, where science is an academic endeavor powered by primarily government investment. (Exceptions seem to be defense contractors and medical research. The first is normally the government buying a service, the second is typically the transition from academic to commercial prospects.)