What do you mean by research and development?

Question

Accepted Answer

Research and development refers to the process of creating and improving products, services, or processes through systematic investigation and experimentation.

Research and development involves conducting scientific or technological research to gain new knowledge and insights.
It aims to develop new products, services, or processes that can meet the needs and demands of consumers.
R&D activities often involve experimentation, prototyping, and testing to refine and improve existing products or develop innovative solutions.
It plays a crucial role in driving innovation, competitiveness, and growth in various industries.
Examples of R&D include pharmaceutical companies developing new drugs, technology companies creating advanced software, and automotive companies designing more fuel-efficient engines.

Accepted Answer

Research means having innovative creative ideas and making ideas come to reality. Implementing theoretical concepts in a practical scenario.

What do you mean by research and development?

Popular interview questions of Research and Development