What is research and development

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Research and development is the process of creating new products or improving existing ones through scientific and technological advancements.

It involves conducting experiments and analyzing data to develop new ideas and innovations.
R&D can be applied in various fields such as technology, medicine, agriculture, and engineering.
It is essential for companies to invest in R&D to stay competitive and meet the changing needs of consumers.
Examples of R&D include developing new drugs, creating more efficient energy sources, and improving computer software.
R&D can also involve improving manufacturing processes to increase efficiency and reduce costs.

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