Since 2020, aggregated from related topics
Research and development (R&D) refers to the process of creating new products, services, or processes through scientific research and experimentation. This can involve conducting studies, testing new ideas, developing prototypes, and analyzing data to find innovative solutions to problems or challenges. R&D is essential for businesses and organizations looking to stay competitive and adapt to changing market demands. It often requires a significant investment of time, resources, and expertise, but can lead to breakthroughs that drive growth and success. R&D can take place in a variety of industries, including technology, pharmaceuticals, engineering, and many others.