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Research in the sciences has been the basis of many of our most significant technological breakthroughs, from insulin to the Internet. It’s only natural, then, that science and business should work together because, after all, companies require new technologies in order to survive, and scientists profit from the commercialization of their discoveries.
However, this is not always the case. Certain scientific inventions don’t get into the commercial market. Part of this may have to do with how the credit for innovations is given to the inventors. For instance, a scientist could include their technician as a co-inventor, but this isn’t always a reflection of the contribution each person made to the research that led to the discovery. The differences in mindsets and goals that hinder the free exchange of ideas are more significant. Business speaks of sustainable profits, as an example but science is focused on sustainable levels of sustainability that doesn’t lead to the over-exploitation of resources.
Collaboration is the crucial factor to success in science and business. Businesspeople and scientists need to be able to communicate in each other’s language, be attentive to their issues, and find innovative ways to bridge this gap.
Fortunately, top universities such as Woxsen offer integrated business and science programs that offer students the best of both worlds. Students in these programs are able to focus on a particular area of science while taking classes that are part of the general business curriculum. This program teaches the skills needed to succeed in many areas of business, including intellectual property management, mutual funds, sales of technical products and many more.
