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From insulin to the Internet, scientific research has been the basis for many of our most significant technological advancements. It’s only natural, then that business and science should work together because, after all, businesses require new technologies to survive, while scientists profit from the commercialization of their discoveries.

However, this isn’t always the case. Some inventions in science don’t reach the commercial realm. It could be due to do with the way the credit for inventions is given. For instance, a scientist could include his or her technician as a coinventor but this doesn’t necessarily reflect the actual contribution each contributed to the research that led to the discovery. The different goals and attitudes that prevent free exchange of ideas are more important. Business, for instance, is a proponent of sustainable profits. Science on the other hand considers sustainability as a concept that doesn’t lead over-exploitation of natural resources.

Collaboration is the most important factor in the success of business and science. Businesspeople and scientists need to learn to speak the same language, listen to each other’s concerns, and discover new ways to connect the two fields.

The top universities like Woxsen provide integrated business and science courses that offer students the best of both worlds. Students in these programs are able to focus on a specific area of science while taking classes that are part of the general business curriculum. These programs provide the skills needed to be successful in a variety of business areas, including intellectual property mutual funds, technical sales, and more.