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Re:Ph.D. Bust, Pt. 2: How Bad Is the Job Market For Young Am... by ank286 on Friday February 22, 2013 @02:25PM (#5266159)
In CS/ECE, if there is no application for your research i.e. cannot be commercialized or patented, you will not have funding. There is very little room for theoretical-based research where you play around with math (like counting angels on the head of a pin) to see if it works out with unknown applications. Everything begins with an application in mind --> funding.
Re:Ph.D. Bust, Pt. 2: How Bad Is the Job Market For Young Am... by seanmcdirmid on Friday February 22, 2013 @03:46PM (#5266671)
Theoreticians do get funding, just not much, and most CS researchers are not hardcore theoreticians (theory is a tool to be used occasionally in support of something else).