Research and development: Difference between revisions

Revision as of 10:50, 23 September 2005

Revision as of 18:03, 25 September 2005

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The phrase '''''research and development''''' (also '''R and D''' or '''R&D''') has a special commercial significance apart from its conventional coupling of [[research]] and technological [[development]].

In general, '''R&D''' activities are conducted by specialized units or centers belonging to [[companies]], [[universities]] and [[State]] agencies.

In the context of [[commerce]], "research and development" normally refers to [[future]]-oriented, longer-term activities in [[science]] or [[technology]], using similar techniques to [[science | scientific]] research without pre-determined outcomes and with broad forecasts of commercial yield.