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Modern physics encompasses the comprehension of matter interaction processes through the application of engineering and scientific tools. A deep understanding of contemporary physics serves as a cornerstone for generating meaningful scientific progress. This article underscores the pivotal role of physics in economic development and advocates for a collaborative Academic-Industry approach to facilitate more effective translational research.The article will illustrate its points through a series of examples, emphasizing the critical aspects of measurement, control, diagnostics, and computing capabilities required to translate physics into innovations and practical solutions. By showcasing the tangible benefits that arise from such interdisciplinary collaborations, the article aims to highlight the transformative potential of bridging the gap between academia and industry.References
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Henry C. Torrey and Charles A. Whitmer, Crystal Rectifiers, McGraw-Hill, New York, N.Y. and London (1948)
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