The Interdependence of Science and Business

Science has been the underlying principle of many of the most significant technological advances across the globe. From the latest drug treatments and energy production, to computer chip technology. While innovation is the main driving factor behind science but business is about making money and keeping shareholders satisfied. Science and business were typically thought of as two distinct worlds. The two are interconnected and it is impossible to separate their impact on business from the effect of research.

While business is focused on profits, the long-term effects of their decisions could be significant for the environment, social economic, and environmental impacts. Science is also concerned with the impacts of its actions and decisions, specifically those pertaining to resource exploitation and sustainability. A well-run business would, for instance exploit a resource at the level that science deems sustainable. However, greedy business have led to over-exploitation of natural resources and ecological disaster.

We have codified the expected outcomes and consequences of these strategies. (TL additional resources did the initial programming and AG coded 20% of papers). We discovered that corporations employ five macro-level strategies to reduce the perceived credibility of favourable research findings and increase the credibility of favorable scientific findings. These strategies are implemented through meso strategies that, over time, skew the evidence base in favor of industry. This has three indirect effects to discredit the harms that could be caused by industrial products and practices; to encourage policies that are in favour of industry; and to maximise the sales, consumption, and use of industry-related products.

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