Science and Business Integrated Programs
From insulin to the Internet The scientific research of the past has been the foundation of many of our most significant technological breakthroughs. It’s logical, therefore that business and science should work together – after all, companies require new technologies in order to survive, and scientists profit from the commercialization of their discoveries.
But this is not always the case. Some scientific inventions never make it into the commercial arena. This may be due to the method by which innovation credit is divided. Scientists can include their technician as a co-inventor, even though this does not reflect the true contribution they made to the research which led to the discovery. The differences in goals and mindsets that prevent free exchange of ideas are more significant. Business speaks of sustainable profits, as an example however, science focuses on a level of sustainability which doesn’t lead to over-exploitation of resources.
The key to the success of science and business is collaboration. Business and scientists must learn to understand each other’s language and be able to listen to each other’s concerns, and seek creative ways to bridge the gap between the two fields.
Top universities like Woxsen provide integrated business and science courses that give students the best of both worlds. In these programs, students focus on a particular subject area and take classes that are part of the general management curriculum. These programs provide the skills needed to succeed in a range of business areas, including intellectual property mutual funds, technical sales and many more.
