Research and development: Difference between revisions

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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]].
 
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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.