The Interdependence of Science and Business

Science has been at the heart of many of the important technological advances around the globe. From new treatments for cancer and energy production, to computer chip technology. While innovation is the primary power behind science business, it’s all about making money and keeping shareholders happy. Science and business were typically considered to be two separate realms. Both are interconnected and it is impossible to separate their impact on business from the effects of research.

While the business world is mostly focused on earning money, its longer-term effects can have significant environmental, social and economic repercussions. Science is concerned about the repercussions of http://scorbe.de/generated-post-2 its actions, particularly its decisions on resource exploitation and sustainable development. A well-run business, for example will exploit a natural resource at a level that science determines as sustainable. However, the greed of some businesses has led to over-exploitation and ecological disaster.

We have coded the intended results and the results of these strategies. (TL was the first to do the coding and AG coded 20% of the papers). We discovered that corporations employ five macro-level strategies to reduce the perceived credibility of unfavourable scientific findings and to increase the credibility of positive research findings. These strategies are enacted by meso strategies that gradually alter the evidence base to the favor of industry. This has three effects: to cast doubt on the potential harms caused by industrial products and practices; to promote policies that favor industry; and to boost sales, consumption, and use of industry-related products.