R&D budget
Research spending allocation
R&D budget refers to the funds an organization allocates for research and development—the activities aimed at creating new products, improving existing ones, or advancing technical knowledge.
Companies report R&D budgets as a measure of their commitment to innovation: The pharmaceutical company doubled its R&D budget after promising trial results.
In financial analysis, R&D spending as a percentage of revenue indicates how aggressively a company invests in its future.
- innovationCreating something original
- fundingSupplying monetary resources
- seed fundingInitial startup capital infusion
- grantsAwarded funds for purposes
- laboratoryFacility for scientific investigation
prototype · proof of concept · investment · allocation · experimental · patents · intellectual property · scientists · breakthrough · spending · technology · corporate · pharmaceutical · startup · burn rate · engineers · discovery · fiscal
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