Science and Business Integrated Programs
From insulin to the Internet Research in science has shaped many of the most significant technological advances. It is only natural that business and science should collaborate. Since businesses must develop new technologies in order to survive and scientists reap the benefits of commercialization of their discoveries.
However, this isn’t always the case. Certain scientific inventions don’t get into the commercial realm. A large part of this could have to do with the way the credits for innovations are given to the inventors. For example, a scientist may include their technician as a coinventor but this doesn’t necessarily reflect the contribution each person made to the research that led to the discovery. The differences in mindsets and goals that limit the exchange of ideas are more important. Business talks of sustainable profits, as an example while science focuses on a level of sustainability that doesn’t result in over-exploitation of resources.
In the end, the most important factor to the success of business and science is collaboration. Businesspeople and scientists need to learn to communicate in the same way and be able to listen to each other’s concerns, and seek creative ways to make connections between the two fields.
Top universities like Woxsen offer integrated science and business courses that offer students the best of both worlds. In these programs, students focus on a chosen area of science, and learn from the general management curriculum. These programs equip students with the necessary skills to succeed in a range of business fields, such as intellectual property mutual funds, technical sales and many more.
