Science is all about experimenting and observing to gain a better understanding of the world around us. This knowledge is then used to formulate theories that can be tested. This scientific method creates innovations that enhance lives, such as new drugs and medical developments. Business is about identifying the needs of society, and then developing new products that meet these requirements, while also taking into consideration growth opportunities, profits margins, and social benefits. Science and business are a formidable combination that can propel our world forward.
Innovations in science are not always successful without the backing of the business community, which understands the need for the invention and wants to bring it to market. In many cases, this means that scientists must learn to run businesses.
One method is http://scorbe.de/how-to-become-a-physics-major/ through the increasing practice of science to business (S2B) marketing that helps researchers more efficiently market and sell their work while protecting intellectual property. Certain universities have set up S2B centers, and some journals are devoted to boosting S2B.
There is also a place in the business world for “softer” skills, which can help create an excellent foundation for success. This includes critical thinking, communication, and project management. This is the reason that top universities like Woxsen offer undergraduate programs that provide students with the essential tools to thrive in business. The Bachelor’s of Science in Business is a 120-credit program that offers concentration options in Accounting Systems, Management Information Systems, Marketing, and Innovation and Entrepreneurship.