Why Invest In R and D?
Investing in R&D is investing in creativity, but why then invest in creativity? The Royal Society points out to invest in R and D is to ultimately increase the stock of knowledge.
Investing in R&D is investing in creativity, but why then invest in creativity? The Royal Society points out to invest in R and D is to ultimately increase the stock of knowledge.
When it comes to product innovation and development, or process refinement and improvement, the role of the R and D department is critical.
Investing in R&D is a practical means of investing in innovation and, ultimately, your future. There is obviously the question of how much to invest in R&D, but also how to invest in it and choosing an R&D partner is integral to that.
…Research and development, R&D, can be the key to unlocking greater competitiveness for companies, whatever their size. Investing in R&D is what drives advances in innovation, and innovation is one way for a business to differentiate itself the marketplace. Is R&D worth the investment though?
R&D is where businesses can develop new products, or enhance existing ones and, through vigorous testing and prototyping, prepare them for market.