Research: Business Education in an Age of Science and Technology by Fred D. Ledley and Eric A. Oches


Excerpt: In a 1994 interview, Carl Sagan described the relationship between science and society thus. ‘We live in a society absolutely dependent on science and technology and yet have cleverly arranged things so that almost no one understands science and technology. That's a clear prescription for disaster.’ (Kalosh, 1994). This view of a world dependent on, yet largely ignorant of, science and technology is an apt description of the situation facing business today. The global economy is increasingly dependent on science and technology. Joseph McCann, Dean of the Sykes College of Business at the University of Tampa in Florida, has written in BizEd that the ‘Next Economy’ is a ‘science and knowledge economy’ in which ‘industries revolve around the convergence of technologies such as computing, communications, and engineering, and the growing importance of life sciences such as physics, biology, and chemistry.’ (McCann, 2006).

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