Feb, 5 Posted by

Scientific research has been the foundation for many of our most significant technological breakthroughs from insulin to the Internet. It is natural that business and science must work together. In the end, businesses must develop new technologies to stay relevant and scientists gain from the commercialization of their discoveries.

But this is not always the situation. Certain scientific inventions don’t make it into the commercial realm. This could be due the way in which innovation credit is distributed. Scientists can include their technician as a co-inventor, but this doesn’t accurately reflect the contribution they made to the research which led to the discovery. But more important are differences in mindsets and goals that block the free exchange of ideas. Business, for instance, talks about sustainable profits. Science, on the other hand considers sustainability as a degree of sustainability that doesn’t cause over-exploitation of natural resources.

In the end, the key to the success of science and business is collaboration. Scientists and businesspeople must learn to communicate in the same way and listen to each others concerns, and seek creative ways to make connections between the two fields.

Fortunately, top universities like Woxsen provide integrated science and business programs that offer students the best of both worlds. In these programs, students focus on a chosen area of science and also take classes from the general management curriculum. This program provides the skills necessary to succeed in various industries, such as intellectual property management mutual funds and sales of technical items and much more.

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