We know that wizards and witches publish books, but most books we encounter are rather old. I'm wondering if wizards and witches employed at academies like Hogwarts (or in other places) perform research in the sense of modern academic research in the sciences and other fields. There must be modern magical historians and certainly sociologists and zoologists etc, e.g. Newt Scamander researches magical beasts and is writing a book about them. My questions are,
Does the wizarding world have a formal publication/peer-review system for magical research akin to modern academia (i.e. not just book publications, which most authors in academia will only do once or twice, normally later in their career after publishing many papers)?
Is there any active research into the "science of magic", e.g. are there people who theorize about the nature and laws of magic in the way that physicists have theories for the laws of physics? Is there research into the mechanics of magic (such as how it works or what incantations actually do or what a wand physically affects) or its applications (such as the invention of new spells or potions) in an academic context (i.e. not businesses inventing new novelty magics for retail like the Weasley twins)?