Regardless of whether you start your own high-tech company, this series of articles will sensitize you to the businessaspects of what’s happening around you- I strongly believe that engineers and scientists can fundamentally improve their contribution to society and benefit them selves as well by learning more about business.
Every nation, every company, every person must deal with the issues of productivity and competitiveness. Our standardof living depends on what we produce, and engineers and scientists, more than any other group, can create wealth for society because they are directly coupledto the engines of productivity.
An awareness of business will help you make more-informed decisions in your career. In the past, engineers obtained job security by joining a stable company and completing their assignments with dedication and excellence. Today,we obtain job security by being competitive in the job market and by making sure our actions directly contribute to the company’s success. That means knowing who the company’s real customers are, what problems theyneed solved, and how our actions affect other parts of the company.
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More reading: http://www.lbl.gov/tt/researchers/resourcespubs/start_business.pdf