The Interdependence of Science and Business

Science has been the foundation for many of the most significant technological advancements in the world. From the latest drug treatments and energy production, to computer chip technology. While innovation is what drives science, business is about making profit and keeping shareholders satisfied. Science and business were typically considered to be two separate realms. The two are interconnected and it’s impossible to separate their impact on business from the impact of research.

While business is concerned with profit, the long-term consequences of its decisions can have significant social, environmental economic, and environmental impacts. Science is also concerned with the effects of its actions and decisions, specifically those pertaining to the exploitation of resources and sustainability. A shrewd company will, for instance exploit a resource at the level that science deems sustainable. However, greedy business have led to the over-exploitation of natural resources and ecological catastrophe.

We have codified the expected results and the consequences of these strategies. (TL was the first to do the coding, and AG coded 20% of papers). We discovered that corporations employ five macro-level strategies that reduce the credibility of negative scientific findings and maximize favourable scientific findings. These strategies are operationalised by meso strategies that gradually alter the evidence base to the favor of industry. It has three distal consequences to discredit the potential harms caused by industrial products and practices; to push policy solutions that are view it now in favour of industry; and to boost consumption, sales and use of products from industry.

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