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The Interdependence of Science and Business

Science has been at the heart of many of the important technological advancements across the globe. From new drug treatments and energy production http://scorbe.de/musikplattformen to the latest computer chip technology. However, while innovation is what drives research, business is about making money and keeping shareholders happy. Traditionally the worlds of science and business have been thought of as separate entities. They are both interconnected and it’s impossible to separate their impact on business from the effects of research.

While business is concerned with profit, the long-term ramifications of its decisions can have major environmental, social and economic consequences. Science is likewise concerned with the impact of its decisions and decisions, specifically those pertaining to the exploitation of resources and sustainability. A wise business, for example will use natural resources at the level that scientists consider as sustainable. However, the greed of some companies has caused over-exploitation and ecological disaster.

We have coded the intended outcomes and consequences of these strategies. (TL was the first to do the code and AG coded 20% of papers). We discovered that companies employ five macro-level strategies that work together to reduce the perceived credibility of unfavourable research and increase the credibility of positive science. These strategies are enacted by meso strategies that can, over time, alter the evidence base in favour of industry. This can result in three distal outcomes: to raise doubt on the potential harms posed by industry-related products and practices, to promote policies that favor industry, and to maximise consumption, use and sales of products and services, thereby maximising corporate profits.

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