I’m sure the western world also has this issue, I worked on plenty of research and published research. Unless it gets published to huge name journals like Nature you’re probably not going to get anything actually made with the research. Disclaimer: this is for health related research, I’m unsure about other specialties.
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I found the issue in the west is that research only gets funding if it can get results quickly and be turned into money. This is a massive problem because while r&d is completely valid for private companies to do, it strips public universities from much needed funding in the arts, humanities, the non-quantitative social sciences and STEM areas that are not of immediate economic benefit. My experience in Europe.
This is one thing that makes me excited about AI. An assistant that can filter through countless more obscure papers to find relevant facts or ideas to support, contradict, or inform your work. Perhaps it can help with more advanced peer review as well, since academia has been failing to emphasize and reward greater peer review.
Pay walled :(