Concept information
Preferred term
RESEARCH AND DEVELOPMENT
Definition
- THE USE OF RESOURCES TO CREATE NEW KNOWLEDGE, AND TO DEVELOP NEW AND IMPROVED PRODUCTS OR MORE ECONOMICAL METHODS OF PRODUCTION. RESEARCH IS THE PART OF THIS DEVOTED TO DISCOVERING NEW KNOWLEDGE; DEVELOPMENT IS THE PART DEVOTED TO BRINGING NEW IDEAS TO THE STAGE WHERE PRODUCTION FOR THE MARKET CAN START.
Broader concept
Narrower concepts
Entry terms
- INDUSTRIAL RESEARCH
- R & D
Definition source
- DE-2017
URI
https://hasset.ukdataservice.ac.uk/b1af03ac-0886-4d3a-89fc-e562f2f27590
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