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Specialized research and development unit

 

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Specialized research and development unit

 

The term R&D (also R&D, also R&D, and RTD in Europe) is a field of activity. Specific in a business. According to the Organization for Economic Co-operation and Development (OECD), research and development is "creative work that is done systematically to add to existing knowledge and use that knowledge to invent new applications." [2] Classification of research and development activities from company to The other company is different, but generally includes two main models. In a model, the main task of a research and development group is to develop and achieve a new product; In another model, the main task of the research and development group is to build and discover new knowledge about scientific and technological topics in order to develop valuable and new products, processes and services. In most of a company's operations, a quick return on profit or a rapid improvement in performance, with the aim of accelerating the return on investment is usually expected, but this is not the case for any of the research and development models mentioned. Engineers generally make up the personnel in the first model of research and development, while in the second model of research and development, industrial scientists are often employed. Research and development activities are carried out by private companies or government institutions and companies.