From insulin to the Internet Scientific research has been the basis for many of our most significant technological advancements. It seems logical, then, that science and business should work together because companies require new technologies in order to survive, while scientists benefit from commercialization of their discoveries.

However, this isn’t always the situation. Certain inventions in science are not commercialized. A large part of this could have to do with how the credits for innovations are given to the inventors. Scientists could include their technician as a co-inventor however this does not reveal the real contribution they made to the research which led to the discovery. More important, however, are the different mindsets and goals that prevent the free exchange of ideas. Business, for instance, is a proponent of sustainable profits. Science however considers sustainability as a degree of sustainability that doesn’t result in excessive use of natural resources.

Collaboration is the crucial factor to success in business and science. Business and http://scorbe.de/generated-post-2 scientists must learn to communicate in a common language, pay attention to their concerns, and come up with innovative ways to bridge the gap.

Fortunately, top universities like Woxsen provide integrated business and science programs that give students the best of both worlds. In these programs, students focus on a chosen field of science, but also take courses from the general management curriculum. This program teaches the skills required to be successful in a variety of industries, such as intellectual property management mutual funds and sales of technical goods and much more.