Science and Business Integrated Programs

From insulin to the Internet Research in science has been the basis for many of the most significant technological advances. It is logical that science and business must work together. In the end, companies need to come up with new technologies in order to survive and scientists benefit from the commercialization of their discoveries.

However, this isn’t always the situation. Certain scientific inventions don’t make it to the market. This could be due the way innovation credit is given out. For instance, a scientist might include his or her technician as a coinventor but this doesn’t necessarily reflect the real contribution each one made to the research that led to the discovery. The most important thing, however, are the different mindsets and goals that prevent the open exchange of ideas. Business, for instance, speaks of sustainable profits. Science however, looks at sustainability as a degree of sustainability which doesn’t lead to over-exploitation of natural resources.

The key to the success of science and business is collaboration. Business and scientists must learn to speak the same language and be able to listen to each other’s concerns, and find innovative ways to bridge the gap between the two fields.

Top universities such as Woxsen provide integrated science and business courses that allow students to get the best of both worlds. In these programs, students concentrate on a chosen subject area and take courses that are part of the general management curriculum. These programs provide the skills needed to succeed in a range of business fields, such as intellectual property mutual funds, technical sales, and many more.