Research in science has provided the basis for many of our greatest technological breakthroughs, from insulin to the Internet. It’s only natural that science and business must work together. In the end, companies need to come up with new technologies to stay relevant and scientists benefit from the commercialization of their discoveries.

But this is not always the situation. Some scientific inventions are never commercialized. It could be due to do with the way the credits for innovations are allocated. Scientists may credit their technician as a co-inventor, but this doesn’t reveal the real contribution they contributed to the research that led to the discovery. The differences in mindsets and goals that limit the exchange of ideas are more important. Business speaks of sustainable profits, for example however, science focuses on a level of sustainability which doesn’t lead to over-exploitation of resources.

In the end, the most important factor to the achievement of business and science is collaboration. Businesspeople and scientists need to learn to communicate in the same way, listen to each other’s concerns, and discover new ways to make connections between the two fields.

Top universities such as Woxsen offer integrated business and science programs that provide students with the best of both worlds. In these programs, students concentrate on a chosen area of science, and enroll in courses that are part of the general management curriculum. This program will equip them with the knowledge needed to excel in many business areas, including intellectual property http://scorbe.de management and mutual funds sales of technical products and many more.