The Interdependence of Science and Business

Science has been the underlying principle of many of the important technological advances across the globe. From new drug treatments and energy production to computer chip technology. But while innovation is what drives the field of science, business is all about profit and keeping shareholders happy. Science and business were traditionally thought of as two distinct worlds. Both are interconnected, and it is impossible to separate their impact on business from the effects of research.

While the business world is predominantly focused on making money, its long-term effects could have significant environmental, social and economic consequences. Science is also concerned with the consequences of its actions, especially its decisions regarding resource exploitation and sustainability. A smart business, for example will use natural resources at an amount that is scientifically deemed as sustainable. However, the greed of some companies has resulted in over-exploitation and ecological disaster.

We have codified the expected outcomes and results of these strategies. (TL was the first to do the coding and AG coded 20% of papers). We found that corporations employ five macro-level strategies that work collectively to minimize the perceived credibility of unfavourable science and maximize favourable science. These strategies are implemented via meso-strategies that over time alter evidence in favor of the industry. This has three effects: to cast doubt on the harms that could be that are caused by the http://scorbe.de/what-is-physics/ use of industry products and practices; promote policy responses that favor industry; and to increase sales, consumption and use of industrial products.


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