Science has been the foundation of many of the significant technological advances across the globe. From new treatments for cancer and energy production to the latest computer chip technology. While innovation is the main driving force behind science business, it’s all about profit and keeping shareholders happy. Science and business were typically considered to be two separate realms. However, they are inextricably linked and it is impossible to discern the impact of scientific research and its business impact.
While business is concerned with profits, the long-term implications of their decisions could have significant social, environmental economic, and environmental impacts. Science is likewise concerned with the consequences of its actions and decisions, specifically those pertaining to the exploitation of resources and sustainability. A wise business would, for instance exploit a resource at the level that scientists consider sustainable. However, greedy businesses have led to over-exploitation natural resources and ecological catastrophe.
We have classified the various methods corporations employ to influence science at macro as well as meso-levels, and mapped the expected outcomes and effects of these strategies (TL performed the initial analysis, AG second-coded 20 per percent of the papers). We found 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 of industry products and practices, to support policies that favor industry, and to maximise the use, consumption, and sales of industry products and services, thus maximising profits for corporates.
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