The Interdependence of Science and Business

Science has been at the heart of a lot of the significant technological advancements in the world. From new drug treatments and energy production http://scorbe.de to computer chip technology. While innovation is the driving of science, business is all about profit and keeping shareholders happy. Traditionally, the business and science worlds were thought of as distinct entities. They are both interconnected and it’s impossible to separate their impact on business from the impact of research.

While the business world is mostly focused on earning money, its long-term consequences can have significant environmental, social and economic consequences. Science is likewise concerned with the impacts of its actions, especially its decisions regarding the exploitation of resources and sustainability. A shrewd business, for example will exploit natural resources at an amount that is scientifically deemed as sustainable – but the greed of some businesses has caused over-exploitation and ecological catastrophe.

We have codified the expected outcomes and consequences of these strategies. (TL was the first to do the coding and AG coded 20% of papers). We found that corporations use five macro-level strategies that work together to diminish the credibility of unfavourable science and maximize positive science. These strategies are implemented using meso-strategies that, over time alter evidence in favor of the industry. This has three effects: to cast doubt on the potential harms caused by industrial products and practices; promote policy responses that favor industry; and also to increase the sales, consumption, and use of industry-related products.