RESEARCH & DEVELOPMENT PROGRAMME

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Research & Development programme

Research &Development programme shapes the future, and on this programme we will help you shape your own. You’ll be given the opportunity to explore the varied aspects of Research &Development programme and support the development of your science skills where creativity and personal responsibility is celebrated. You’ll get to work on world-famous brands and have the chance to see the results of your technical expertise, entrepreneurial spirit and fantastic communication skills on the shelves. With our support, you can expect to progress rapidly. In a few years, you could be anything from a senior scientist or process technologist through to a technical brand manager, process safety technology manager or safety process technology manager.

Research and development programme refers to the part of a company's operations that seeks knowledge to develop, design and enhance that company's products, services, technologies or processes. Along with creating new and innovative products and adding features to old ones, R&D connects various parts of a company's strategy and business plan, such as marketing and cost reduction.

Some advantages of research and development are clear, such as the possibility for increased productivity or new product lines. The Internal Revenue Service offers an R&D tax credit for businesses. Some kinds of investors look for firms with aggressive R&D efforts. It's also not uncommon for small business owners to make a lot of money by being bought out by a larger firm in the industry that wants to use their R&D.

Defining Research and Development programme

Research and development consists of the investigative activities that a person or business chooses to do with the desired result of a discovery that will either create an entirely new product, product line or service, or strengthen an existing product or service with additional features.

Research refers to any new science or thinking that will result in a new product or new features for an existing product. Research can be broken down into either basic research or applied research. Basic research seeks to delve into scientific principles from an academic standpoint, while applied research seeks to use that basic research in a real-world setting.

The development portion refers to the actual application of the new science or thinking so that a new or increasingly better product or service can begin to take shape.

Research and development is essentially the first step in developing a new product, but product development is not exclusively research and development. An offshoot of R&D, it can refer to the entire product life cycle, from conception to sale to renovation to retirement.

 






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