Research in the sciences has been the basis of many of our greatest technological breakthroughs, from insulin to the Internet. It seems logical, then that business and science could work in tandem – after all, businesses require new technologies to survive, and scientists profit from the commercialization of their discoveries.
However, this isn’t always the case. Certain inventions in science are not commercialized. One reason could be that it has to do with the manner in which the credits for innovations are given to the inventors. A scientist may include their technician as a co-inventor even though this does not reflect the true contribution they made to the research which led to the discovery. More important, however, are the differences in attitudes and goals that block the open exchange of ideas. Business, for instance, talks about sustainable profits. Science on the other hand is concerned with sustainability as a concept that doesn’t cause over-exploitation of natural resources.
Ultimately, the key to the success of both business and science is collaboration. Business and scientists need to be able to communicate in each other’s language, listen to each other’s concerns, and discover innovative ways to bridge this gap.
Fortunately, top universities such as Woxsen offer integrated business and science programs that allow students to have the best visit homepage of both worlds. In these programs, students focus on a chosen field of science, but also take classes that are part of the general management curriculum. This program helps students acquire the skills required to be successful in a variety of industries, such as intellectual property management and mutual funds and sales of technical goods, and more.
