That is quite wrong, really. There are many industrial research labs that are pursuing 'bluesky' research, in pretty much all sectors, including computer science, EE, chemistry, pharmacology, etc. Just to name a few, Mitisubishi Electric Research Labs (MERL), IBM Almaden/New York/Zurich, Microsoft Research, traditional pharma companies, traditional chemicals/materials companies, GE Global Research, etc. all have 'blueskies' agendas to varying extents.