Bridging the Gap Between Science and Business

For a long time, science and business were viewed as two distinct worlds. Scientists have been viewed as individuals solely dedicated to expanding the boundaries of knowledge while business professionals are responsible for transforming that research into new products and services. To increase the rate of innovation, more focus is being placed on bridging the gap between the two domains.

This is particularly relevant to scientific fields like medicine, where the capacity to make informed decisions under pressure is crucial for success. It is also true in fields that are more applied like agronomy and computer science. In the latter case, a strong grasp of problem-solving skills and the ability to think critically about alternative solutions can be the difference between success and failure for an organization.

It is also widely acknowledged that the scientific method is the most effective strategy for businesses to adopt. This is why it is essential to commit to testing and iterating in order to get the desired results. Additionally an understanding of risk and uncertainty is essential.

There are some commonalities between business and science but also many differences. For example, while business speaks of sustainable profits, science concentrates on sustainability in terms of resource usage. Profit-seeking can lead over-exploitation and exhaustion of a resource.

In the final analysis, whether you decide to pursue an academic career or business both require dedication and hard work. If you’re in the right mindset then the rewards can be substantial.

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