Research and development (or R&D for short) is defined by the OECD as "creative work carried out systematically with the aim of increasing the body of knowledge and the use of this knowledge to create new applications".
Research and development has three parts:
Research and development is a company that provides scientific and technological development in its field with creative studies, environmentally friendly product design or software activities carried out on a systematic basis to increase the knowledge of culture, people and society and to use it to design new processes, systems and applications. It covers activities that focus on technological uncertainty and whose outputs have original, experimental, scientific and technical content.
Research & Development; It is a key element of growth and development through innovation for both a company and a country. Organizations performing R&D aim to increase their productivity and production quality or to create new products and services.