From new drug therapies and energy production to the development of computer chips Science has provided the foundation for many of the world’s greatest technological innovations. While innovation is the primary force behind science business, it’s all about making money and keeping shareholders satisfied. Science and business were typically considered to be two separate realms. Both are interconnected, and it is impossible to separate their impact on business from that of research.
While businesses are focused on profits, the long-term effects of their decisions could have significant environmental, social and economic consequences. Science is also concerned about the consequences of its actions, particularly its decisions regarding resource exploitation and sustainable development. A shrewd company will, for instance, exploit a resource at the level that is scientifically sustainable. However, greedy business have led to the over-exploitation of natural resources and ecological disaster.
We have http://scorbe.de/what-is-physics classified the various ways that corporations try to influence science at the macro as well as meso-levels, and mapped the expected outcomes and effects of these strategies (TL performed the initial code-coding, AG second-coded 20 per percent of the papers). We found that corporations use five macro-level strategies that work collectively to diminish the credibility of unfavourable science and maximise favorable science. These strategies are implemented by meso strategies that, over time, skew the evidence base to the favor of industry. This has three effects to discredit the potential harms caused by industry products and practices; promote policy solutions that favor industry; and to maximise consumption, sales and use of industry-related products.