Knowra Research and development Research and development Research and development is systematic creative work that expands knowledge or applies existing knowledge to create or improve products, processes, and services.
Basic research : Research conducted primarily to gain new knowledge without a specific practical application as its immediate goal. It expands the knowledge base that later development can draw on.
Pharmaceutical research and development : The discovery, testing, and development of medicines for safety, efficacy, and regulatory approval. Drug development applies R&D through long clinical and regulatory stages.
Corporate research laboratory : An organization unit that conducts research for a company’s scientific or technological goals. Dedicated laboratories let firms pursue long-term work beyond immediate product schedules.
Innovation : The implementation or adoption of a new or significantly improved product, process, or method. R&D can enable innovation, but innovation also includes changes without formal research.
Applied research : Original investigation directed toward a specific practical aim or objective. It targets knowledge gaps tied to defined technical or commercial needs.
Clinical trial : A research study that evaluates a medical intervention in human participants. Clinical trials test whether candidate medicines are safe and effective.
Bell Labs : An American industrial research laboratory known for major contributions to communications, physics, and computing. Its history illustrates how sustained corporate research can produce broad technical advances.
Research : Systematic investigation undertaken to establish facts, develop knowledge, or test ideas. Research is one part of R&D; development adds work aimed at practical outputs.
Experimental development : Systematic work that uses research and practical experience to produce or improve products and processes. It converts research findings into designs, prototypes, and improved offerings.
Research and development tax credit : A tax incentive that reduces the cost of qualifying research and development activity. Governments use credits to encourage firms to undertake technically uncertain work.
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