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Research in the sciences has been the foundation for many of our greatest technological breakthroughs from insulin to the Internet. It is only natural that business and science should work together. After all, businesses must develop new technologies in order to survive and scientists reap the benefits of commercialization of their discoveries.

But this isn’t always the case. Some inventions in science don’t make it to the commercial arena. It could be due to do with the way credit for innovations is allocated. For instance, a scientist could include his or her technician as a co-inventor, but this isn’t always a reflection of the actual contribution each contributed to the research that led to the discovery. The most important thing, however, are differences in mindsets and objectives that hinder the open exchange of ideas. For instance, business is a proponent of sustainable profits. Science on the other hand, looks at sustainability as a level that doesn’t cause excessive use of natural resources.

The key to the success of science and business is collaboration. Businesspeople and scientists need to learn to speak the same language and listen to each others concerns, and discover new ways to bridge the gap between the two fields.

Fortunately, top universities such as Woxsen provide integrated business and science programs 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 from the general business curriculum. This helps them acquire the knowledge and skills to succeed in a range of business areas, including intellectual property mutual funds, technical sales, and more.