research and development

research and development
/rɪˌsɜ:tʃ ən dɪ'veləpmənt/ noun
1. scientific investigation which leads to making new products or improving existing products
The company spends millions on research and development.
Abbreviation R&D
2. activities that are designed to produce new knowledge and ideas and to develop ways in which these can be commercially exploited by a business
(NOTE: Research and development activities are often grouped together to form a separate division or department within an organisation.)
COMMENT: Research costs can be divided into (a) applied research, which is the cost of research leading to a specific aim, and (b) basic, or pure, research, which is research carried out without a specific aim in mind: these costs are written off in the year in which they are incurred. Development costs are the costs of making the commercial products based on the research.

Dictionary of banking and finance. 2015.

Игры ⚽ Поможем решить контрольную работу

Look at other dictionaries:

  • Research and development — The phrase research and development (also R and D or, more often, R D), according to the Organization for Economic Co operation and Development, refers to creative work undertaken on a systematic basis in order to increase the stock of knowledge …   Wikipedia

  • Research and development in Japan — Research and development are important to the Japanese economy.As its economy matured in the 1970s and 1980s, Japan gradually shifted away from dependence on foreign research. Japan s ability to conduct independent research and development became …   Wikipedia

  • Research and Development in Advanced Communications Technologies in Europe — This article is about European research program, for alternate meanings, see RACE RACE or Research and Development in Advanced Communications Technologies in Europe, a program launched in 1988 by the Commission of the European Communities to pave …   Wikipedia

  • Defence Research and Development Organisation — Sanskrit: बलस्य मूलं विज्ञानम् Strength s Origin is in Science [1] Agency overvi …   Wikipedia

  • Defence Research and Development Canada — Defence Research and Development Canada, also Defence R D Canada or DRDC (Recherche développement pour la défense Canada, R D pour la défense Canada, ou RDDC in French), is an agency of the Department of National Defence (DND), whose purpose is… …   Wikipedia

  • List of federally funded research and development centers — Federally Funded Research and Development Centers (FFRDCs) conduct research for the United States Government. They are administered in accordance with U.S Code of Federal Regulations, Title 48, Part 35, Section 35.017 by universities and… …   Wikipedia

  • New York State Energy Research and Development Authority — The New York State Energy Research and Development Authority (NYSERDA), established in 1975, is a public benefit corporation, located in Albany, New York, with regional offices in NYC, Buffalo, and West Valley. NYSERDA offers information and… …   Wikipedia

  • Ohio Agricultural Research and Development Center — OSU OARDC Logo Ohio Agricultural Research and Development Center (OARDC) is the research institution of the Ohio State University College of Food, Agricultural, and Environmental Sciences. The center is home to research projects ranging from… …   Wikipedia

  • Office of Scientific Research and Development — The Office of Scientific Research and Development (OSRD) was an agency of the United States federal government created to coordinate scientific research for military purposes during World War II. Arrangements were made for its creation during May …   Wikipedia

  • Rural Industries Research and Development Corporation — The Rural Industries Research and Development Corporation (RIRDC) is an Australian statutory Corporation formed in July 1990 under the Primary Industries and Energy Research and Development (PIERD) Act 1989. RIRDC was set up by the Australian… …   Wikipedia

  • Tank research and development — continues in many industrial countries despite the end of the Cold war. The funds involved are lower than when the United States and the Soviet Union were engaged in a massive arms race. Most of the tank design bureaus or arsenals now function… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”