What is Research and development (R&D)?

Research and development definition


Research and development is a process by which a organization acts to get new knowledge that it might use to create new technology, products, services, or systems that it will either use or sell.

Research and development (R&D) includes activities that organization undertake to innovate and introduce new products and services. It is often the first stage in the development process.

The term R&D is associated with;

  • Advancement
  • Innovation
  • New Idea
  • New concept
  • Competitiveness
  • Study and knowledge
  • Examination/test
  • Practice
  • development

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