Entrepreneurial & Scientific Knowledge Complement Each Other in Business

science scientist lab
“Even though it seems business and science are at opposite ends of the spectrum, they actually go hand-in-hand.”

Kevin Xu, a biotechnology entrepreneur, explains why his father’s scientific expertise combined with his own business sense translated into a successful biotechnology company.

This Alleywatch article will talk about:

  • Why it is important to understand basic scientific concepts and identify business strengths and weaknesses.
  • How science vs. business-driven approaches are very different when looking at a product’s problems.
  • Dreams vs. reality in taking on challenges – and which is the dreamer, the scientist or the businessperson?
  • Why business experts are more “courageous” than scientists.

Read the full article

The Lean MBA is a 1-year, 100% online program teaching 12 functional areas of business administration. Add business knowledge to your scientific expertise with MyLeanMBA!

Leave a Reply

Your email address will not be published. Required fields are marked *