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.
Simply following change is not a realistic option for many businesses, if they are to stay competitive. Instead they must be at the forefront of change, and the means to do this is by developing research and development strategies that work.
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