R&D

Definition : Research and Development
Category : Academic & Science » Research & Development
Country/Region : Worldwide Worldwide
Popularity :

What does R&D mean?

The phrase research and development (also R and D or, more often, R&D), according to the Organization for Economic Co-operation and Development, refers to creative work undertaken on a systematic basis in order to increase the stock of knowledge, including knowledge of man, culture and society, and the use of this stock of knowledge to devise new applications