Science and Business Integrated Programs
From insulin to the Internet The scientific research of the past has shaped many of the most significant technological advances. It’s only natural that science and business must collaborate. Since, companies must come up with innovative technologies in order to survive and scientists benefit from the commercialization of their discoveries.
But this isn’t always the case. Some inventions in science don’t make it to the commercial market. This could be due the way in which innovation credit is distributed. For example, a scientist may include their technician as a coinventor, but this doesn’t science and business necessarily reflect the real contribution each one made to the research that led to the discovery. But more important are differences in mindsets and goals that block the open exchange of ideas. Business talks of sustainable profits, for instance however, science focuses on the sustainability of a certain level that doesn’t lead to the over-exploitation of resources.
In the end, the key to the success of science and business is collaboration. Scientists and businesspeople need to learn to communicate in a common language, listen to their concerns, and discover innovative ways to bridge this gap.
Top universities like Woxsen provide integrated business and science courses that give students the best of both worlds. In these programs, students concentrate on a particular area of science, and take classes from the general management curriculum. This program helps students acquire the skills necessary to succeed in various areas of business, including intellectual property management mutual funds and sales of technical items, and more.