Research And Development. Discovering new knowledge about products, processes, and services, and then applying that knowledge to create new and improved products, processes, and services that fill market needs.

Use R&D in a sentence

The corporation's R&D team was well funded and constantly coming up with new ideas and products that would revolutionize the marketplace.

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The pharmaceutical company I work for has a large R&D division that is dedicated to finding new drugs for our company to sell to patients.

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When a company is interested in introducing a new product to their existing line they typically have their R&D department examine it for consumer usability.

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off-balance-sheet financing in-process research and development