Science and Business Integrated Programs
Scientific research has been the basis of many of our most significant technological breakthroughs, from insulin to the Internet. It’s only natural, then, that science and business should work together – after all, companies require new technologies in order to survive, and scientists benefit from commercialization of their discoveries.
However, this isn’t always the situation. Some scientific inventions are never commercialized. This may be due to the way in which innovation credit is distributed. Scientists could include their technician as a co-inventor but this doesn’t reveal the real contribution they made to the research which led to the discovery. The most important thing, however, are the differences in thinking and goals that limit the free exchange of ideas. For instance, business speaks of sustainable profits. Science on the other hand considers sustainability as a concept that doesn’t lead over-exploitation of natural resources.
The key to the achievement of business and science is collaboration. Business and scientists need to learn to speak each other’s language, be attentive to their issues, and find innovative ways to bridge this gap.
Fortunately, top universities such as Woxsen offer integrated business and science programs that offer students the best of both worlds. In these programs, students focus on a particular subject area and learn that are part of the general management curriculum. This program teaches the skills necessary to succeed in various business fields including intellectual property management, mutual funds sales of technical products and many more.