Research And Development
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Research And Development News
Description
Research and development (R &D or R+D), known in some countries as experiment and design , is the set of innovative activities undertaken by corporations or governments in developing new services or products. R&D constitutes the first stage of development of a potential new service or the production process.
Although R&D activities may differ across businesses, the primary goal of an R&D department is to develop new products and services. R&D differs from the vast majority of corporate activities in that it is not intended to yield immediate profit, and generally carries greater risk and an uncertain return on investment. R&D is crucial for acquiring larger shares of the market through new products. R &D&I represents R&D with innovation.
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- Slug: research-and-development
- Instance Count: 1
- Total Views: 382
- Added: Jul 20, 2024
- Last Updated: Aug 11, 2025