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Science and Business Integrated Programs

Research in the sciences has been the foundation for many of our greatest technological breakthroughs, from insulin to the Internet. It is logical that business and science must work together. Since businesses need to develop new technologies to stay afloat and scientists benefit from the commercialization of their discoveries.

But this isn’t always the situation. Some inventions from science are never commercialized. It could be due to do with the way the credits for innovations are allocated. For example, a scientist may include his or her technician as a coinventor however, 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 block the free exchange of ideas. Business is concerned with sustainable profits, for instance but science is focused on a level of sustainability that doesn’t cause over-exploitation of resources.

Collaboration is the crucial factor to success in business and science. Scientists and businesspeople need to be able to communicate in each other’s language, be attentive to their issues, and find innovative ways to bridge this gap.

Fortunately, top universities such as Woxsen provide integrated science and business programs that provide students with the best of both worlds. In these programs, students concentrate on a specific subject area and enroll in courses from the general management curriculum. These programs provide the skills needed to be successful in a variety of business fields, such as intellectual property mutual funds, technical sales and many more.

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