The Interdependence of Science and Business

Science has been the basis for many of the most important technological advancements across the globe. From the latest drug treatments and energy production, to computer chip technology. However, while innovation is what drives research, business is focused on making money and ensuring shareholders are satisfied. Business and science were traditionally thought of as two distinct realms. However, the two are interconnected and it is impossible to isolate the impact of research in science from its business impacts.

While businesses are focused http://scorbe.de/preserve-confidentiality-the-data-room-info-for-selling-companies/ on profit, the long-term consequences of its decisions can have major environmental, social, and economic impacts. Science is concerned about the repercussions of its actions, specifically its decisions regarding the exploitation of resources and sustainable development. A wise business, for example, will exploit natural resources at an amount that is scientifically deemed as sustainable – but the greed of certain businesses has led to over-exploitation and ecological disaster.

We have codified the expected results and the consequences of these strategies. (TL did the initial programming and AG coded 20% of papers). We found that corporations employ five macro-level strategies which work in tandem to diminish the credibility of skeptical science and to increase the value of positive science. These strategies are implemented via meso-strategies which, over time, alter evidence in favor of the industry. This leads to three distal outcomes – to create doubt on the potential harms of industry products and practices, to encourage industry-friendly policy responses and to increase the use, consumption and sales of products and services – thereby maximising profits for companies.