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Research and Development (R&D)
HomeGlossary TermsResearch and Development (R&D)

Research and Development (R&D)

April 18, 2024BY Ubik Capital
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Research and Development (R&D) is an essential process that involves the exploration and refinement of products or services during their early stages of development. It serves as a catalyst for innovation, driving advancements in various industries such as design, engineering, software development, and technology. R&D encompasses the creation of new solutions as well as the continuous improvement of existing ones, demanding a methodical and detail-oriented approach to ensure optimal outcomes.

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