Research and Development
The concept describes the process of knowledge creation, production, diffusion and application. It encourages businesses and researchers to work together on innovative projects in strategically important areas of science, engineering and technology, and summarises implementation strategies and success factors.
Technique Overview
Research and Development Definition
Research and development (R&D) is a process of knowledge creation, production, diffusion and application. It involves innovation in scientific technology, management measures and social and political systems (Wang, 2007). Factors important to R&D relate to the size of the firm, cooperation with other firms (Cassiman and Veugellers, 2002), efficiency and effectiveness and the correct usage of progress metrics (Guan and Chen, 2010).
Research and Development Description *
* The full technique overview will be available soon. Contact us to register your interest in our business management platform, and learn all about Research and Development.
Business Evidence
Strengths, weaknesses and examples of Research and Development *
* The business evidence section is for premium members only. Please contact us about accessing the Business Evidence.
Business Application
Implementation, success factors and measures of Research and Development *
* The business application section is for premium members only. Please contact us about accessing the Business application.
Professional Tools
Research and Development videos and downloads *
* The professional tools section is for premium members only. Please contact us about accessing the professional tools.
Further Reading
Research and Development web and print resources *
Research and Development references (4 of up to 20) *
- BIS (The Department for Business Innovation and Skills) (2010) The 2010 R&D Scoreboard. [Online] Available at: webarchive.nationalarchives.gov.uk/20101208170217/http://www.innovation.gov.uk/rd_scoreboard/downloads/2010_RD_Scoreboard_analysis.pdf [Accessed: 15 February 2012].
- BusinessLink. Manage Your Research, Design and Development. [Online] Available at: www.businesslink.gov.uk/bdotg/action/detail?itemId=1087105556&r.i=1075083671&r.l1=1073858796&r.l2=1073859020&r.l3=1074003278&r.s=sc&r.t=RESOURCES&type=RESOURCES [Accessed: 15 February 2012].
- Dilling-Hansen, M., Madsen, E.S. and Smith, V. (2003) Efficiency, R&D and Ownership. Some Empirical Evidence. International Journal of Production Economics, Vol. 83(1), pp. 85-94.
- Duesterberg, T. (2011) Manufacturing's New Innovation Labs. Harvard Business Review. 14 November.
* The further reading section is for premium members only. Please contact us about accessing the further reading.
Learn more about KnowledgeBrief Manage and how you can equip yourself with the knowledge to succeed on Research and Development and hundreds of other essential business management techniques