The Interdependence of Science and Business

Science has been the underlying principle of a lot of the significant technological advancements in the world. From the latest drug treatments and energy production to computer chip technology. But while innovation is what drives scientific research, business is primarily focused on making money and keeping shareholders happy. Traditionally, the two fields of business and science have been viewed as separate entities. Both are interconnected and it’s impossible to separate their impact on business from that of research.

While business is concerned with profit, the long-term ramifications of its decisions can have major environmental, social economic, and environmental impacts. Science is concerned about the repercussions of its actions, specifically its decisions on resource exploitation and sustainable development. A smart business would, for instance exploit a resource at the level that science deems sustainable. However, greedy companies have led to the over-exploitation of natural resources and ecological disaster.

We have coded the desired outcomes and effects of these strategies. (TL did the initial programming and AG coded 20% of papers). We discovered that corporations employ five macro-level strategies to decrease the credibility of negative scientific findings and boost the credibility of favorable scientific findings. These strategies are implemented by meso strategies that can, over time, alter the evidence base to the favor of industry. This eventually leads to three distal outcomes-to cast doubt on the potential harms caused by industry products and practices, promote industry-friendly policy responses and to boost the use, consumption and sales of industry products and services – thus maximising corporate profits.

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