06 Feb Science and Business Integrated Programs
Scientific research has served as the foundation for many of our most significant technological breakthroughs, from insulin to the Internet. It is logical that science and business should collaborate. Since, companies need to come up with new technology to survive and scientists benefit from the commercialization of their discoveries.
But this is not always the situation. Certain scientific inventions don’t reach the commercial arena. A large part of this could have to do with how the credit for inventions is distributed. Scientists may credit their technician as a co-inventor however, this doesn’t reflect the actual contribution they made to the research which led to the discovery. What’s more important, however, are the different mindsets and objectives that hinder the open exchange of ideas. For instance, business is a proponent of sustainable profits. Science however is concerned with sustainability as a level which doesn’t lead to over-exploitation of natural resources.
The key to the achievement of business and science is collaboration. Business and scientists need to learn to communicate in a common language, be attentive to their concerns, and come up with innovative ways to bridge this gap.
Fortunately, top universities such as Woxsen offer integrated business and science programs that give students the best of both worlds. Students in these programs concentrate on a particular area of science while also taking courses from the general business curriculum. This helps them acquire the knowledge and skills to be successful in a variety of business fields, such as intellectual property mutual funds, technical sales, and many more.